Edwin Coe team advises ADDEV in acquisition of PolarSeal Holdings Limited

Edwin Coe is pleased to announce that a team led by Alexandre Terrasse, with support from Greg Horsford, Sophie Armstrong and Rebecca Harnby has advised French company ADDEV Materials SAS (a part of the portfolio management company Naxicap Partners) (“ADDEV”) on securing the entire issued share capital of PolarSeal Holdings Limited (“PolarSeal”).

The acquisition marks a new step in ADDEV’s strategic expansion into the healthcare and wellness sector. PolarSeal, as a well-known CDMO, manufactures and converts adhesive tapes, sealing products and related converted materials (including bespoke and technical tape solutions), and supplies these products to medical device companies.

Commenting on the deal, Alexandre Terrasse said: “We are delighted to have supported ADDEV in their acquisition of PolarSeal. This transaction aligns with their international and strategic growth ambitions. We look forward to continuing to work with ADDEV as they continue to expand in the healthcare and wellness sector.”