Press release

21.11.2024

Antelec completes the acquisition of Addistronic with the support of Isatis Capital

Antelec strengthens its position with the acquisition of Addistronic, a company active in the field of cabling and the distribution of electronic components.

About the Transaction

Antelec, a manufacturer specialized in custom cables and wire harnesses, which became majority-owned by Isatis Capital just over a year ago, is strengthening its position through the acquisition of Addistronic, a company active in the field of cabling and the distribution of electronic components.

Founded in 1985 and based in Ozoir-la-Ferrière, geographically close to Antelec, Addistronic specializes in cabling and the integration of electronic subassemblies, providing comprehensive services to its clients. The company offers a complete range of accessories and peripherals dedicated to industrial electronics, including power cords, waterproof cables, harnesses, network cables, PCB connectors, and wiring components.

Over the years, Addistronic has successfully positioned itself in high-potential markets and built strong sector-specific expertise in areas such as nuclear, rail, and medical industries.

The integration of Addistronic into the Antelec Group will unlock new commercial opportunities both in France and internationally. Addistronic will benefit from Antelec’s production capacity to address larger markets, while broadening its product portfolio and incorporating more innovation into its processes.

Antelec plans to actively pursue its external growth strategy and is currently evaluating several potential targets. The aim is to build a major, vertically integrated player in the fields of cabling, custom cords, and the integration of electronic subassemblies.

Deal Participants

Investor

  • Isatis Capital : Yonathan Elmalem, Séverin Lefaure

Companies

  • Antelec : Rodolfo d’Angio, David Baptista
  • Addistronic : Eric Vasson

Buyer's Advisors

  • Legal Advisor : Lamartine Conseil – Fabien Mauvais, Corentin Graff
  • Financial Advisor : Oderis – Thomas Corbineau

Seller's Advisors

  • Legal Advisor : Gate Avocats
  • Financial Advisor : ACL Audit

Bank

  • Société Générale

About Antelec

Based in Servon (Seine-et-Marne), Antelec has been designing and manufacturing connectors and cables for professional electronics since 1981.

From board-to-board connectors to cables, whether standard or customized, Antelec provides its clients with reliable and long-lasting connectivity solutions. With its in-house design office, Antelec ensures optimal responsiveness, from the technical analysis of needs to product prototyping.

  • Founded : 1981
  • President : Rodolfo d’Angio
  • Employees : 25
  • Clients : Over 700
  • Active product references : Over 5,000

About Isatis Capital

Isatis Capital is an independent asset management company that has been investing in equity for over 20 years alongside ambitious entrepreneurs to accelerate the growth of their SMEs. As a long-term investor, Isatis Capital takes minority or majority stakes and brings its expertise to support business development.

A signatory of the UN Global Compact, the International Climate Initiative (iCi), and a member of the Task Force on Climate-Related Financial Disclosures (TCFD), Isatis Capital is committed to ESG principles, both in its operations and in its investment activities.

The firm manages €480 million in assets across several funds dedicated to institutional clients, or distributed through private banks and wealth management advisors.

For any information regarding this transaction

Isatis Capital : Yonathan Elmalem  – mail : yonathan.elmalem@isatis-capital.fr