Groupe ADF

Abenex announces the exit of ADF Group

Abenex, a longstanding player in the French & European small and mid-cap private equity market, has completed the exit of the ADF Group, a renowned player in industrial engineering and “smart industrial solutions”

 

Founded in 1962, the ADF Group is a leading engineering and industrial outsourcing services provider, specialized in “smart industrial solutions”. Drawing on its five expertise areas – Mobility, Energy, Materials, Technology, Health and Wellbeing – the Group provides an effective response to engineering needs through innovative products and services.

 

Since Abenex became shareholder of the ADF Group, the company has grown significantly, expanding its activities to new key client accounts and strengthening its positions in complementary fields by offering solutions notably linked to the energy transition and Industry 5.0. This impressive growth trajectory has been achieved both organically and through five acquisitions, two of which were completed in 2023 (Novexa, a rotary tubes specialist and Engie Solutions’ “Nuclear Maintenance and Associated Works” business line).

 

After five years of support from Abenex, the ADF Group has achieved a turnover in excess of €540m, consolidating its position in 13 countries. With over 60 years of expertise and a solid strategy, the ADF Group will pursue further its development strategy and continue to expand its international presence.

 

Mathieu Mauhourat, Partner at Abenex, comments : “we would like to extend our warm thanks to the entire management team of Group ADF. This successful exit for Abenex V is the result of a strong relationship based on trust with an exceptional management team that we are proud to have supported for over five years”

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