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New Deal


Announced

Tikehau Capital and Bpifrance to invest in ADDEV

Financials

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Tags

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glue

specialty tapes

Private

France

insulation

Acquisition

Natural

Building Materials: Other

insulation materials

Pending

tapes

mastics

Single Bidder

Private Equity

Synopsis

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Tikehau Capital, through its pan-European minority growth equity fund, and Bpifrance are investing €38m in ADDEV Materials, company specialised in the conversion and custom cutting of high-performance materials (insulation, technical films, adhesives, foams, etc.). “With its teams based in Lyon, Bpifrance has worked alongside ADDEV Materials for many years now, providing both financing solutions and capital”, Arnaud Legardeur, Investment Director Mid&Large Cap. of Bpifrance.

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