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.
Emerton performed the Commercial Due Diligence 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.
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.
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.
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.
