# Fibre Excellence Saint-Gaudens: judicial liquidation of the factory > In late October 2026, the future of the Fibre Excellence plant in Saint-Gaudens was called into question by a Portuguese buyer described as a "ghost." On November 12, 2026, for lack of a takeover offer, the Toulouse commercial court pronounced the cessation of activity of the paper pulp plant and confirmed its judicial liquidation. Employees are then awaiting their dismissal letters, which could arrive between December 20 and 25, despite hopes of a takeover by the Ghost group. **In brief**: Ongoing story bringing together 4 events in Haute-Garonne, followed from 30 October 2026 to 13 November 2026. 30 articles from 19 sources (economy); last updated on 13 November 2026 at 09:43. - Status: ongoing - Category: Economy - Place: Haute-Garonne - First detected: 30 October 2026 at 13:56 - Updated: 13 November 2026 at 09:43 - Web page: https://acturadar.com/en/stories/573-fibre-excellence-saint-gaudens-judicial-liquidation-of-the-factory ## Timeline (4 events) ### 30 October 2026 — [Saint-Gaudens Fibre Excellence plant threatened by “phantom” buyer](https://acturadar.com/en/events/4881-saint-gaudens-fibre-excellence-plant-threatened-by-phantom-buyer.md) The future of the Fibre Excellence plant in Saint-Gaudens is in question, with a Portuguese buyer described as a “phantom” being called into question. 5 sources, 5 articles · Saint-Gaudens — Haute-Garonne ### 12 November 2026 — [Fibre Excellence Saint-Gaudens: judicial liquidation confirmed](https://acturadar.com/en/events/17116-fibre-excellence-saint-gaudens-judicial-liquidation-confirmed.md) Due to the absence of a takeover bid, the Toulouse commercial court pronounced the cessation of activity of the Saint-Gaudens paper pulp mill, in Haute-Garonne. 16 sources, 22 articles · Saint-Gaudens — Haute-Garonne ### 12 November 2026 — [Fibre Excellence : les salariés de Saint-Gaudens attendent leurs licenciements avant Noël](https://acturadar.com/en/events/17177-fibre-excellence-les-salaries-de-saint-gaudens-attendent-leurs-licenciements.md) Après la liquidation judiciaire de Fibre Excellence, les salariés de Saint-Gaudens attendent des lettres de licenciement qui pourraient arriver entre le 20 et le 25 décembre, malgré l'espoir d'une reprise par le groupe Ghost. 1 sources, 1 articles · Saint-Gaudens — Haute-Garonne ### 13 November 2026 — [Fibre Excellence : le ministre de l'Industrie évoque un projet de reprise après la liquidation](https://acturadar.com/en/events/18439-fibre-excellence-le-ministre-de-l-industrie-evoque-un-projet-de-reprise-apres.md) Après la liquidation judiciaire de l'usine Fibre Excellence de Saint-Gaudens prononcée jeudi, le ministre de l'Industrie Sébastien Martin affirme qu'un projet de reprise émerge. 2 sources, 2 articles · Saint-Gaudens — Haute-Garonne --- Cite as: Acturadar, “Fibre Excellence Saint-Gaudens: judicial liquidation of the factory”, https://acturadar.com/en/stories/573-fibre-excellence-saint-gaudens-judicial-liquidation-of-the-factory Methodology: https://acturadar.com/en/methodology