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Announced

Completed

Groupe ADF completed the acquisition of Tournaire Equipement from The Tournaire Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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industrial equipment

Completed

Acquisition

Domestic

Private

Majority

Machinery: Industrial

Friendly

France

Single Bidder

Disposal

Synopsis

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Groupe ADF, an engineering services provider, completed the acquisition of Tournaire Equipement, a manufacturer of industrial machinery, from The Tournaire Group, a business conglomerate. Financial terms were not disclosed. “We are going to continue the investment and redeployment plan we have started, by taking advantage of synergies with our production and services activities, but also by relying on our international sales force and our local teams, to accelerate the influence and reach of Natural in the Health and Chemicals sectors, which are in strong demand," Marc Eliayan, Groupe ADF Chairman and CEO.

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