ADDEV Materials SAS has acquired Graytone Limited
April 2019 — ADDEV Materials SAS has acquired Graytone Limited and its subsidiaries.
For more than 10 years, ADDEV Materials has offered its customers innovative and responsible materials solutions. Historically focused on the converting of flexible materials, such as adhesive tapes or technical films, ADDEV Materials has expanded its know-how to liquid custom packaging solutions, adhesives and chemicals, mainly for the aerospace & defense, energy, automotive and medical industries. The company was founded in 2006 and is based in Lyon, France.
Julien Duvanel, CEO, ADDEV Materials SAS, said "We expect excellent synergies from the Graytone project in Europe and Middle East. We believe we can achieve significant cross fertilization as an 'adhesives and chemicals' custom made solutions expert, with our worldwide customers, our world-class manufacturers’ partners and our geographical position in Europe and North America."
Based in the UK, Graytone is a group of companies specializing in the global distribution of coatings, composites and associated materials to the aerospace, defense, space, energy and electronics markets. The Graytone group represents the combined operations of Paint Services Group Limited (PSG) and Pexa Limited (Pexa) and works with major suppliers including PPG Aerospace, Henkel and Akzo Nobel Aerospace Coatings.
Our role in the transaction
Oaklins Smith & Williamson, based in the UK, advised ADDEV Materials with the assistance of Oaklins' team in France on this acquisition, having initially identified and approached Graytone on ADDEV Material’s behalf.
Julien Duvanel
CEO, ADDEV Materials SAS & Aerospace & Defense Business Unit CEO
Talk to the deal team
Related deals
Mattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Learn moreENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn moreComtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn more