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ADDEV Materials completes acquisition of ATL Corp. to expand sustainable materials solutions

Sep 03, 202411 months ago

Acquiring Company

ADDEV Materials

Acquired Company

ATL

LyonMenomonee FallsManufacturingEnergyPrinting

Description

TKO Miller, a leading middle market investment bank, has advised ATL Corp. on its sale to ADDEV Materials. ATL Corp., a manufacturer of disposable adhesive medical devices, pharmaceutical labels, and other converted and die cut components, has been acquired by ADDEV Materials, an entrepreneurial company specializing in customized materials solutions for high-end markets. This acquisition aligns with ADDEV Materials' purpose of converting industrial challenges into sustainable materials solutions and expanding its market presence in the medical and pharmaceutical sectors.

Company Information

Company

ADDEV Materials

Location

Lyon, Auvergne Rhône Alpes, France

About

Addev Materials is a French industrial company providing packaging and converting solutions for a variety of industries. With 800 employees in 16 industrial plants in Europe, North America, and Asia, Addev Materials has an annual sales of about $234 million. The company aims to expand its operations globally and strengthen its position in the packaging and converting industry.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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