ADDEV Materials

Our news

Our news

ADDEV Materials is delighted to announce the acquisition of two US Companies, ANDPAK and Zip-Chem. ANDPAK, specializing in custom packaging of chemicals for the aeronautics industry and Zip-Chem, which formulates and manufactures surface preparation products, corrosion inhibitors, lubricants and avionics cleaners. These acquisitions are a clear signal of the group’s vision of growth in the North American and European aviation sectors.

ADDEV Materials, in partnership with WINTERHALDER (the German leader in the field of self-adhesive and foam material technology), has recently acquired RIEWOLDT, a company with a history spanning more than a hundred years, specializing in technically supporting, converting and distributing custom-cut adhesive tapes.

Since 2016, it has been the ambition of ADDEV Materials Group to become an international leading player in the field of aeronautics, space and defence, by creating a dedicated business unit.

 

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.

Following the recent acquisition of Profom in Montreal, Canada, Walco Corporation, based out of Pittsburgh, PA, USA, joins ADDEV Materials’ North America Business Unit. Walco Corporation specializes in the converting of high performance adhesive backed products. 

PROFOM, based in Montreal Canada, has joined ADDEV Materials, with headquarters in Lyon France, specialized in the value-added transformation of high performance materials for diverse industries.