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ADDEV Materials acquires TPI, expands offerings

May 10, 2021
ADDEV Materials acquires TPI, expands offerings

Lyon, France

ADDEV Materials, a specialist supplier to the aeronautics, space and defence market, announced the complete acquisition of Textile Pour l’Industrie (TPI), a 40-year-old French manufacturer based in Saint-Nom-la-Bretèche (78).

The acquisition will boost ADDEV Materials chemical products offerings to add more value through high-performance textiles for technical and critical cleaning along with surface preparation supplies in the aerospace and defence markets.

Julien Duvanel, CEO Aerospace & Defence, said, “The acquisition of TPI is a continuation of ADDEV Materials’ strategic plan for growth in the aeronautics, defence, and space markets. TPI’s know-how and expertise complement and reinforce our position as an international player specialising in customised chemical products specifically adapted to the requirements of these markets”.

Jean Marc Vincent, President, TPI, said, “I am delighted that the future of TPI is now joined with that of ADDEV Materials, which will ensure the sustainability and growth of our activities”.

Specialising in the aeronautics and defence markets, TPI offers a variety of products and services. It has gained unique expertise in the manufacture of a purified cotton textile for the cleaning of technical parts. The fabric’s composition and design do not allow it to contaminate or pill. This gives it the advantage of not leaving any residue or fibres during cleaning and wiping operations on high-tech parts.

Source: ADDEV Materials Press Release

Image Source: ADDEVMaterials Website 

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