Natixis Partners advises Naxicap Partners on the acquisition of ADDEV Materials

Natixis Partners advises Naxicap Partners on the acquisition of ADDEV Materials, an international mid-sized industrial company based in Lyon, specialized in the distribution, cut to size, custom repackaging, and manufacturing of high-performance materials (surface treatments, coatings, adhesives, tapes, and technical films). With over 30 acquisitions since its inception in 2006, ADDEV Materials has structured its operations around four main verticals: Aerospace & Defense, Healthcare & Wellness, Mobility & Industry, and Power & Electronics. The company generates €220 million in revenues and operates across multiple sites primarily located in Europe and North America, as well as in Asia, employing 800 people across three continents. The company’s founders, Pascal Nadobny and Julien Duvanel, along with the management team, will remain shareholders. Through this new investment, Naxicap aims to further strengthen this fast-growing mid-sized company, whose revenue has doubled over the past five years, driven by strong international expansion. The objective is to accelerate ADDEV’s global development and strengthen its position in promising sectors such as aerospace, space & defense, as well as healthcare and medical markets, through targeted acquisitions in Europe and North America. The ambition is to double the size of the Group within five years.”