# Addev Materials to acquire ANDPAK and Zip-Chem

Addev Materials, a supplier to the aerospace, space and defence market, has agreed to acquire ANDPAK, a custom chemical packaging provider, and Zip-Chem, a surface preparation products maker. Investors reinvested EUR 33 million into Addev to finance the deal.

- Type: Acquisition
- Announced: 2019-10-15
- Where: France
- Status: announced
- Products: custom chemical packaging, surface preparation products, aviation paints and coatings
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Addev Materials](https://endata.com/companies/5671.md) (acquirer)
- [ANDPAK](https://endata.com/companies/5672.md) (target)
- [Zip-Chem](https://endata.com/companies/5673.md) (target)

## Sources

- [app.mergerlinks.com](https://app.mergerlinks.com/transactions/2019-10-15-andpak-zip-chem/dealmakers), 2019-10-15: "The acquisition of ANDPAK and Zip-Chem is the highpoint of 2019, which has been pivotal for ADDEV Materials' vision with regard to the aviation industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.