ADF Group Acquires Tournaire Equipement SAS from Tournaire Group
July 1, 2021
French industrial services firm ADF Group acquired Tournaire Equipement SAS, the equipment engineering and manufacturing subsidiary of Tournaire Group, effective July 1, 2021. The approximately 30-person business in Grasse strengthens ADF Group’s capabilities in process equipment for fragrance extraction and expands its presence in biochemistry, cosmetics, food and health markets; Tournaire Group will focus on its packaging activities going forward.
- Buyers
- ADF Group
- Targets
- Tournaire Equipement SAS
- Sellers
- Tournaire Group
- Industry
- Industrial Services
- Location
- Provence-Alpes-Côte d'Azur, France
- Transaction Type
- Divestiture
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