addev materials

ADDEV Materials announces the acquisition of HLC Aviation GmbH, a Germany-based distributor of chemicals products, adhesives and painting accessories for aerospace, further strengthening its European Aerospace & Defense platform. Four months after Naxicap Partners’ investment in ADDEV Materials, this acquisition marks a first tangible success of the partnership, reinforcing the Group’s aerospace strategy and continuing its established track record of targeted acquisitions.

HLC Aviation is headquartered in Hamburg, one of Europe’s leading MRO (Maintenance, Repair and Operations) hubs for aerospace, and serves a blue-chip customer base including Airbus and Lufthansa Technik. The company is EN 9120 certified and operates logistics platforms in Germany (Hamburg and Munich) and France (Toulouse), enabling close operational support for OEMs and MRO players. Over the years, the company has also built strong partnerships with leading suppliers such as 3M, Tesa and PPG. This acquisition reinforces ADDEV Materials’ footprint in Germany and enhances its proximity to key aerospace OEMs and MRO customers, while expanding its value-added product portfolio, particularly in painting accessories.

Our ambition is to accelerate profitable growth in the Aerospace and Defense sector by strengthening our presence in high-value strategic hubs and continuously expanding our product portfolio. From this acquisition, we do expect to generate commercial and operational synergies in Europe across ADDEV Materials’ Aerospace & Defense existing entities in the UK, France, and the Netherlands, to better serve the market with higher proximity and reactivity. Naxicap Partners’ entry into the share capital in late 2025 was designed to support our value creation plan and accelerate our international expansion. The acquisition of HLC Aviation is the first outcome of this partnership, reinforcing our footprint in Germany, increasing our proximity to key OEMs and MRO customers, and enhancing our ability to deliver a broader, value-added range of solutions,” says Julien Duvanel, CEO of ADDEV Materials.

"Becoming part of ADDEV Materials allows us to accelerate our development while preserving what has made HLC Aviation successful: customer proximity, technical know-how and reliability. We are enthusiastic about building this next phase together with the ADDEV teams”, add both René BOUCHARD, CEO and Nadine VOIGT, COO of HLC Aviation.