# Tikehau Capital and Bpifrance invest €33M in ADDEV Materials for two acquisitions

Tikehau Capital, Bpifrance and minority investors provided 33 million euros to ADDEV Materials to finance its acquisitions of Andpak and Zip-Chem, following an April investment of 38 million euros.

- Type: Investment
- Announced: 2019-10-16
- Where: France
- Value: $36.4M (33.0M EUR)
- Status: announced
- Products: chemical packaging, surface preparation products, anti-corrosion products, lubricants, cleaning products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Addev Materials](https://endata.com/companies/5671.md) (partner)
- [ANDPAK](https://endata.com/companies/5672.md) (partner)
- [Zip-Chem](https://endata.com/companies/5673.md) (partner)
- [Tikehau Capital](https://endata.com/companies/5686.md) (investor)
- [Bpifrance](https://endata.com/companies/5687.md) (investor)

## Sources

- [privateequityinternational.com](https://www.privateequityinternational.com/tikehau-capital-bpifrance-reinvest-in-addev-materials/), 2019-10-16: "Tikehau Capital, Bpifrance and minority investors provided another 33 million euros ($36.4 million) to ADDEV Materials to finance the acquisitions of Andpak and Zip-Chem."

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