# Adagia Partners and Bpifrance to acquire Adhetec from Alvest

European private equity firm Adagia Partners and Bpifrance have entered exclusive negotiations to acquire Adhetec, a global leader in technical adhesives for aerospace, from Alvest. Adhetec is based in Tarbes, France, and has 168 employees.

- Type: Acquisition
- Announced: 2023-03-16
- Where: Tarbes, France
- Status: announced
- Products: technical adhesives for aerospace
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Bpifrance](https://endata.com/companies/5687.md) (acquirer)
- [Adagia Partners](https://endata.com/companies/69158.md) (acquirer)
- [Adhetec](https://endata.com/companies/69159.md) (target)
- [Alvest](https://endata.com/companies/69160.md) (partner)

## Sources

- [lejournaldesentreprises.com](https://www.lejournaldesentreprises.com/breve/lentreprise-tarbaise-adhetec-va-etre-acquise-par-le-fonds-europeen-adagia-partners-2057105), 2023-03-16: "L’entreprise tarbaise Adhetec va être acquise par le fonds européen Adagia Partners"
- [adagiapartners.com](https://www.adagiapartners.com/adagia-partners-and-bpifrance-enter-into-exclusive-negotiation-with-alvest-to-acquire-adhetec-a-leader-in-high-end-aerospace-adhesive-solutions/), 2023-03-17: "Adagia Partners and Bpifrance are pleased to announce the entry into exclusive negotiation with Alvest to acquire alongside management, ADHETEC S.A."

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