Adhex Technologies

What Adhex Technologies does

Adhex Technologies (SAS, founded 1952, headquartered in Chenôve near Dijon, France) is a privately held formulator, coater, and converter of pressure-sensitive adhesives (PSA) and technical films serving three industrial verticals: automotive, healthcare, and industry/construction. Its product portfolio spans decorative and body parts for vehicles (sash tapes, badges, thermoformed insulation, acoustic felts such as XL Pad and XL Drypad, protection films using proprietary Bull'Net bubble-free technology), medical device adhesives (wound care, surgical drapes, vascular access, ostomy, electromedical hydrogels, transdermal patches, IVD lidding tapes), and industrial/building applications (envelope tapes, smart card assembly, sustainable energy, mobility, electric/electronic, household appliances, traceability labels). The company operates five manufacturing plants in France, Spain, Slovakia, and Brazil, with approximately 580 employees, supported by a CERAP R&D laboratory, 5 cleanroom coating lines (up to 100 m/min), and 80+ processing machines across sites. Adhex is certified to ISO 9001 (since 1995), ISO 14001 (2010), ISO 13485 V2016 and MDR for medical devices, ISO 10993 biocompatibility, IATF 16949 for automotive, AFERA and PSTC testing standards, and EcoVadis Bronze (66/100, top 20% in 2025); ten top-marking OEMs have approved the company as a supplier, with Q1 FORD status held at the Spain and France sites.

The business model is custom B2B project-based co-development: Adhex engages with Tier 1 automotive manufacturers, leading medical device OEMs, and industry leaders from formulation through to finished parts, developing over 50 custom adhesives per year and investing 6% of turnover in R&D. Revenue is generated through one-time product sales and engineering/professional services tied to co-development projects (consolidated 2023 sales of €109.6 million). Pricing is quote-based with multi-year contracts, anchored by minimum order values (€500 ex-works, with €50 surcharge below €800) and 45/60-day payment terms. GTM is enterprise field sales supplemented by trade fair presence (IZB, Medica, BAU, Eurobike, The Battery Show Europe) and commercial agents in the US, China, Romania, and the UK.

Ownership sits with Roland de la Brosse, who became majority shareholder in 2013; there is no parent company or external PE/VC backing. Capital allocation has been directed at capacity (2020 Spanish relocation, 2022 Chenôve build-out), bolt-on M&A (Kerdaïno in 2019), and product adjacencies (2026 EV battery adhesive launch), with AdhexPharma operating as an independent sister company in transdermal and orodispersible films.

Name

Adhex Technologies

Legal name

ADHEX TECHNOLOGIES

Website

https://adhex.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

101–250 employees

Short description

Adhex Technologies is a privately held French formulator and coater of pressure-sensitive adhesive solutions serving Tier 1 automotive OEMs, major medical device manufacturers, and industrial leaders through five plants in France, Spain, Slovakia, and Brazil.

Ownership category

akta.pro rank

Product category

Industrial Adhesives and Technical Films

NAICS

Adhesive Manufacturing (32552), Paint, Coating, and Adhesive Manufacturing (3255), Converted Paper Product Manufacturing (3222)

SIC

Adhesives & Sealants (2891), Converted Paper & Paperboard Prods (No Contaners/Boxes) (2670)

akta.pro primary industry

Tapes, Labels & Pressure-Sensitive Adhesives (IMAEAGAJ)

akta.pro secondary industries

Pressure-Sensitive Labels (PSL) (IMALAKAA), Adhesives & Sealants Chemicals (IMAEABAA), Construction Adhesives (Structural & Non-Structural) (IMADAOAA)

Keywords

• Pressure sensitive adhesives
• Automotive adhesive solutions
• Medical adhesive tapes
• Industrial adhesive coatings
• Technical films manufacturing

Headquarters

HQ city

Chenôve

HQ country

France

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Technology or R&D, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Custom Adhesive Products: Adhex designs and manufactures custom adhesive solutions including adhesive tapes, die-cut parts, labels, thermoformed parts, and technical films. Revenue is generated through the sale of these custom and standard adhesive products to industrial customers in automotive, healthcare, and industry markets. The company develops over 50 custom adhesives every year.
2. Contract Manufacturing & Development Services: Adhex provides end-to-end product development services from adhesive formulation to transformation into finished parts, working closely with customers' engineering teams on custom projects. This is a project-based revenue stream tied to co-development.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Adhex Technologies designs, formulates, coats, and converts custom pressure-sensitive adhesive (PSA) solutions — including adhesive tapes, die-cut parts, thermoformed parts, technical films, and labels — for the automotive, healthcare, and industrial sectors. The company operates 5 manufacturing plants in France, Spain, Slovakia, and Brazil, mastering over 20 conversion technologies, and develops more than 50 custom adhesive formulations per year from its CERAP R&D laboratory.

Product overview

Adhex Technologies is an adhesive solutions provider offering a comprehensive portfolio of pressure-sensitive adhesives and technical films across three main market sectors: Automotive, Healthcare, and Industry. The product portfolio includes decorative and customization solutions (sash tapes, badges, logos), functional parts (thermoformed foams, die-cut parts, stiffening solutions), acoustic and thermal insulation products (XL Pad, XL Drypad), protection films, technical labels including RFID, and specialized healthcare adhesives (wound care, surgical tapes, vascular access, ostomy, electromedical, transdermal patches, IVD lidding). Industrial applications span building construction, mobility, smart cards, sustainable energy, electrical/electronic, household appliances, leatherwork technical bonding, and traceability/security labels. The company operates five manufacturing plants and a dedicated CERAP research laboratory, developing custom adhesive formulations and controlling the full value chain from formulation to finished parts.

Differentiator

Problem solved

Functional benefit

Products and services

• Decoration and Customization Decorative adhesive parts for vehicles including sash tapes, ABC pillar films, door sills, stickers, badges, emblems, logos, and medallions applied using proprietary Bull'Net bubble-free application technology for Tier 1 automotive manufacturers.
• Thermoformed Foams and Plastic Films Vacuum thermoformed solutions made of plastic foams and films for thermal and acoustic insulation, waterproofing, and protection against water, air, noise and dust in automotive applications.
• Stiffening and Damping Solutions Roof stiffeners and car body damping elements that prevent sheet metal distortion and improve acoustic performance and comfort for vehicle manufacturers.
• XL Pad Acoustic Fiber Acoustic insulation fiber product containing 20% recycled materials for soundproofing mudguards, hoods, wheel arches, and rear quarter panels in wet and dry automotive areas.
• XL Drypad Acoustic Felt Acoustic felt made from 70 to 100% recycled materials for thermal and acoustic insulation under floor carpets, under trim, or boot mats in dry vehicle areas.
• Interior and Exterior Adhesive Protection Temporary and permanent protection films for car body, bumpers and painted surfaces including foam protections and transparent films using Bull'Net bubble-free technology.
• Die-Cut Adhesive Parts Technical adhesive die-cut parts for sealing, acoustic comfort, and protection in automotive applications including hole coverings, gaskets, and protective elements.
• Technical Labels (RFID, Security, Traceability) Printed automotive labels including VIN labels, manufacturer plates, RFID tags, security labels and traceability solutions resistant to temperature, weather and chemical exposure for OEMs.
• Consumer Wound Care Adhesives Adhesive dressings and tapes for consumer wound care with high mechanical resistance and skin comfort, supplied to medical device OEMs for retail healthcare products.
• Advanced Wound Care Adhesives Professional wound care adhesive solutions with low-trauma adhesion, high MVTR (moisture vapor transmission) materials, and tapes for negative pressure wound therapy (NPWT) systems.
• Drape Tapes and Surgical Adhesives Surgical draping mounting tapes and adhesive solutions for operating room fixation including incise films and post-operative dressings, supplied to medical device OEMs.
• Vascular Access Adhesive Devices Adhesive dressings for post-dialysis hemostasis, needle securement, catheter securement, and oncology vascular access applications for medical device manufacturers.
• Ostomy Care Adhesive Solutions Adhesive devices for ostomy bag securement including tapes and components for one- and two-piece collection systems, supplied to ostomy care OEMs.
• Electromedical Adhesive Backings and Hydrogel Adhesive backings for ECG electrodes and electrosurgical unit (ESU) plates including the thinnest medical hydrogel on the market at 100 microns with impedance below 50 Ohms.
• Transdermal Patch Adhesives Adhesive solutions for topical reservoir patches and transdermal drug delivery systems, developed in collaboration with AdhexPharma sister company.
• In Vitro Diagnostic Lidding Tapes Microplate sealing films for in vitro diagnostic procedures including PCR, ELISA, and clinical diagnostics supplied to IVD OEMs.
• Medical Device Assembly Adhesive Tapes Single-sided, double-sided, and transfer tapes for assembly of medical devices including P928 foam tape and P7594 PET film, supplied to medical device manufacturers.
• Building Envelope Solutions Adhesive tapes for building envelope applications including insulation connections, flooring bonding, and assembly supplied to building and construction manufacturers.
• Mobility Adhesive Solutions Adhesive solutions for light mobility, railway, aeronautics, and marine applications including assembly, protection, identification, and decoration.
• Smart Card Adhesive Solutions Adhesive solutions for smart card assembly, mailing, and component attachment for banking, telecom, healthcare, and transport sectors.
• Sustainable Energy Adhesive Solutions Adhesives for solar panels, wind turbines, hydrogen fuel cells, and electric batteries including assembly, sealing, and identification for sustainable energy OEMs.
• Electric and Electronic Adhesive Solutions Adhesive tapes and labels for electrical and electronic component assembly and identification manufactured in clean room environments.
• Household Appliance Adhesive Solutions Adhesive solutions for household appliance assembly, insulation, decoration, and identification including P2691 foam tape.
• Technical Bonding for Leatherwork Adhesive tapes for bonding leather and fabric in luxury leather goods featuring immediate bonding and UV resistance.
• Traceability and Security Labels Tamper-proof and smart labels for product authentication, anti-counterfeiting, and VOID labels for first-opening protection supplied to industrial OEMs.
• EV Battery Adhesive Solutions New EV battery adhesive solutions including electrical insulation films, adhesive foams, fixing tapes, and technical labels for next-generation electric vehicle battery systems.

Quantifiable outcome

• 69% of Adhex adhesives are solvent-free, up from 29% in 2012
• +6 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core and minor.

• AdhexPharmacoreStrategic or Co-development PartnerAdhexPharma is an independent sister company of Adhex specializing in the development and manufacture of transdermal patches (TDS), topical patches, and orodispersible films (OTF). It offers world-class expertise in these 3 forms of active ingredient administration and helps large pharmaceutical and biotech firms innovate. While independent, the companies share expertise in adhesive technologies.
• Reborn GroupminorStrategic or Co-development PartnerThe Reborn Group offers solutions for companies transitioning to the circular economy and reducing carbon emissions. They are world leaders in recycled plastic transformation with significant investments in laboratory R&D. Adhex collaborates with Reborn on sustainability initiatives including upcycling foam waste into pipes.
• Laboratoire IMP (Ingénierie des Matériaux Polymères)coreStrategic or Co-development PartnerLaboratoire IMP is a joint research unit of CNRS, located across three sites of the University of Lyon. It brings together nearly 250 researchers including 86 permanent staff and more than 150 PhD and post-doctoral students. IMP is a major player in French and European research in polymer materials. Adhex maintains scientific collaborations with universities near its sites including IMP.

Scale indicators17 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Nitto Denko Corporation: Japanese specialty materials company with a strong PSA tape and films business serving automotive, electronics, and healthcare. Comparable end-market mix to Adhex with significantly greater scale and Asia-Pacific manufacturing footprint.
• Henkel Adhesive Technologies: World's largest adhesives company, serving automotive, electronics, packaging, and consumer markets. Comparable in end-market diversity to Adhex but operates at a vastly larger scale and across many adhesive chemistries beyond PSA.
• Bostik (Arkema): Global adhesives manufacturer with strong industrial, automotive, and consumer durables presence. Comparable as a major specialty adhesives incumbent, though it spans much broader adhesive chemistries than Adhex's PSA focus.
• Avery Dennison Corporation: Global incumbent in pressure-sensitive labelstock, tapes, and specialty adhesives with a much larger portfolio. Overlaps with Adhex in PSA labels, automotive tapes, and RFID/traceability solutions, but serves a far broader set of customers and end-uses.
• 3M Industrial Adhesives & Tapes: Largest global player in industrial PSA tapes and adhesives with significant automotive and electronics exposure. Comparable in product categories to Adhex but competes as part of a much larger diversified industrial portfolio.

Direct peers

• Intertape Polymer Group: North American specialty PSA tape and film manufacturer with significant automotive, industrial, and building-products exposure. Comparable product categories and B2B OEM selling motion to Adhex.
• Lohmann GmbH & Co. KG: German specialty pressure-sensitive tape manufacturer serving automotive, medical, and industrial markets with custom adhesive solutions. Highly comparable to Adhex given its similar Tier-1 automotive supplier position, custom PSA formulation capability, and multi-vertical focus.
• Scapa (Schweitzer-Mauduit International): Specialty PSA tapes and films for industrial, medical, and automotive applications. Closely comparable business model and end-market mix to Adhex, focused on custom-engineered bonding solutions for OEMs.
• Tesa (Beiersdorf AG): Global direct competitor in industrial PSA tapes, with deep automotive, healthcare, and electronics exposure. Comparable to Adhex as a major specialty PSA tape producer; larger scale and broader catalog make it the primary global benchmark.

Others

• AdhexPharma: Independent sister company of Adhex specializing in transdermal patches, topical patches, and orodispersible films for pharma and biotech. Related through shared adhesive technology platform and ownership lineage; a strategic partner rather than direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/adhex-technologies

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Adhex Technologies