Emerton performed the Commercial Due Diligence of Addev Materials for Tikehau

Paris, 4 April 2019 – Tikehau Capital, through its pan-European minority growth equity

fund, and Bpifrance are investing EUR 38 million in ADDEV Materials to support its

international development.

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ADDEV Materials is an industrial company specialised in the conversion and custom cutting

of high-performance materials (insulation, technical films, adhesives, foams, etc.). Mainly

present in Europe and North America, ADDEV Materials employs 500 people and realises a

turnover of almost EUR 110 million.

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Through this investment, Tikehau Capital and Bpifrance seek to sustain the company’s fast

growth (doubling of the turnover in the past five years combined with a strong international

expansion) by providing the means to boost its international development and strengthen its

position in fast-growing markets such as the aerospace industry, primarily through external

growth operations in Europe and North America.

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Tikehau Capital’s investment through its asset management subsidiary Tikehau Investment

Management is made via its pan-European growth equity fund dedicated to growing

intermediate-sized companies. The aim of this minority fund is to target structures with high

growth potential in buoyant markets.

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