Adventys, a French manufacturer of induction cooking equipment, signs its acquisition by the Electrolux Professional group, world leader in the cookware market.
Read the CfNews article here.
Adventys, a French manufacturer of induction cooking equipment, signs its acquisition by the Electrolux Professional group, world leader in the cookware market. Joffe & Associés (Christophe Joffe, Océane Christmann & Rémi Rodriguez) advised the sellers on this transaction.
Founded in 1999 in Seurre (Côte-d’Or), Adventys is a pioneer in the research, development and marketing of innovative induction equipment for professional kitchens. Seven years after welcoming Arkéa Capital and Ouest Croissance to its capital, the Burgundy manufacturer integrates Electrolux Professional, a subsidiary belonging to Electrolux, listed on Nasdaq in Stockholm since 2020. This acquisition is motivated by Electrolux Professional’s ability to support Adventys on larger-scale projects, and the development of new ranges aimed at strengthening its position in the induction cooking market.
Adventys Chairman Jean-Luc Pérot, his family and two financial investors, Arkéa Capital and Ouest Croissance, have sold their entire stake to Electrolux Professional for around €22 million. The Swedish group states that it expects to improve its Ebitda margin thanks to this acquisition.
Adventys distributes its products in over 50 countries, achieving sales of close to 7 million euros in 2023, with 40% coming from international markets, mainly in Europe and the USA. The company’s 40 employees join a Swedish group with 4,300 employees in 110 countries, with sales of SEK 2,974 million (around 250 million euros) in 2023.
- Purchaser or Investor : ELECTROLUX PROFESSIONAL AB
- Seller : ACTIONNAIRES FAMILIAUX , Jean-Luc Perot , ARKEA CAPITAL , Kévin Chaigneau , OUEST CROISSANCE , Damien JouanneauPurchaser Corporate lawyer : ADVANT ALTANA , Fabien Pouchot , Théodore Sabot , Olivier Carmès
- Merchant Banker / M&A Advisor : MAZARS CF , Matthieu Boyé , Geoffrey Bailleul , Paul Faivre
- Corporate lawyer : JOFFE & ASSOCIES , Christophe Joffe , Océane Christmann , Rémi Rodriguez
