The market leader in airfield lighting, which is critical infrastructure for the aviation industry.

ADB designs, manufactures and services innovative lighting products and systems for airfield operations around the world.  It was a non-core division of Siemens and we carved-out the business in 2009.

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Margin improvement during ownership

A Montagu business

  • Market leader with 27% global market share at the time of the transaction
  • Airfield lighting is a must-have product for its customers
  • Large customer base with strong customer loyalty

Expanding international footprint

We supported ADB to:

  • More than double its profits
  • Expand internationally, increasing its exposure to emerging marketing including China, South America and the Middle East
  • Optimise the product range by reducing complexity

An unsolicited approach by a Chinese trade buyer led us to launch a full exit process.  Towards the end of 2013, we sold ADB to PAI Partners.

Deal details


Year of entry

2009


Year of exit

2012


Country

France


Status

Realised


Industry Sector

Essential Services

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