Turnover: 160 million EUR (2022)
Country: France
- Formerly a French bedding group, the Adova Group was acquired in 2016 by investment fund Perceva. Refocused on bedding, it owns the Dunlopillo, Simmons and Treca brands, among others
- 850 employees
News
Bedding manufacturer Adova relaunches its Breton plant 13/12/2023
- The Disneyland Hotel will reopen on January 25 with 487 rooms equipped with mattresses produced by Ouest Bedding Hotelys.
- Ouest Bedding Hotelys posted sales of 18 million euros last year, up 14%.
- The Adova Group, which owns Ouest Bedding Hotelys, has total sales of 160 million euros.
- The Fougères plant produces 90,000 pieces a year, sold under the Hotelys (50%), Simmons (35%) and Tréca (10%) brands.
- Sales in the hotel sector are expected to reach around 30 million euros.
- Adova employs 800 people in France, spread over five production sites.
French bedding manufacturer Adova Group focuses on CSR and relocation at its Loir-et-Cher plant 12/10/2023
- French bedding manufacturerbedding
- Tréca, Simmons and Hotelys brands,
- More than 800 employees and sales of 160 million euros
- The Mer site (106 employees and sales of 17 million euros) produces 20 to 25,000 mattresses, 10,000 slat bases and 3,000 headboards for the Tréca brand every year.
- Exports account for 20% of sales (up from 10% in 2021).
- The Tréca and Première de Tréca brands are present in 33 countries, including Germany, Benelux, China, Spain andItaly.
Bedding market: Adova Group (Simmons, Tréca) 31/07/2023
- Adova Group is a mission-driven company with its Simmons and Tréca brands.
- The Group has five plants in France: two for Simmons, two for Tréca and one specifically for the hotel market.
- Adova Group employs 890 people.
- By 2022, Adova Group expects to have sales of €160 million.
- 85% of sales are generated in France
- The Group has its own network of boutiques, with 8 stores for Simmons (7 in Paris and 1 in Lyon) and 7 for Tréca (5 in Paris, 1 in Lyon and 1 in Bayonne).
- Adova Group has sales outlets abroad in Bucharest, Barcelona, Milan, London and Dubai.
Treca bets on exports for its top-of-the-range bedding made in France 16/03/2023
- - 7 concession stores in France
- - 1 boutique in Barcelona ,1 boutique in London , 1 boutique in Dubai
- - Total sales of 160 million euros
- - Objective of 200 million euros over the next five years, and tripling export sales
- - Potential for a dozen boutiques in France
Adova's French mattresses stand up to Asian competition 23/09/2022
- 40% of production is exported
- The Adova Group focuses on quality, with its Treca and Simmons brands (85% of sales), and its sofas (15%)
- The Treca brand has opened eight of its own boutiques (4 in Paris, 1 in London and 1 in Barcelona)
- Adova targets sales of 180 million for the year ending March 2023, after 160 million the previous year.
- Bought out in 2016 by the Perceva fund, the former Cauval has returned to profit
- Adova manufactures in five plants in France and sources 99% of its products from Europe
- Brands manufacturing in Asia account for 30% of the French mattress market
- Mature market (1% to 2% annual growth)
- Dunlopillo brand and Diva Salon sofas sold out
Financial Data
DUNS: 820301943
Legal Name: ADOVA GROUP
Address: 45 RUE DU CARDINAL LEMOINE , 75005 PARIS
Number of employees: Entre 50 et 99 salariés (2021)
Capital: 15 000 EUR
Financial Data:
| Year | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Turnover | 19 997 443 | 15 036 906 | 12 834 460 | 7 847 684 |
| Gross margin (€) | 25 350 744 | 20 749 170 | 17 726 803 | 9 654 180 |
| EBITDA (€) | -303 707 | 83 548 | -837 625 | 130 604 |
| Operating profit (€) | 250 292 | -430 598 | -172 278 | 91 446 |
| Net profit (€) | -7 500 477 | -4 563 584 | -3 193 663 | -4 726 192 |
| Turnover growth rate (%) | 33 | 17,2 | 63,5 | - |
| Ebitda margin rate (%) | -1,5 | 0,6 | -6,5 | 1,7 |
| Operating margin rate (%) | 1,3 | -2,9 | -1,3 | 1,2 |
| Working Capital (turnover days) | -490,4 | -400,7 | -290,6 | -227,8 |
| Working Capital requirements (turnover days) | 254,2 | 227,3 | 304 | 365,5 |
| Net margin (%) | -37,5 | -30,3 | -24,9 | -60,2 |
| Added value / Turnover (%) | 36,9 | 51,6 | 48 | 44,5 |
| Wages and social charges (€) | 7 695 119 | 7 583 423 | 6 812 398 | 3 227 012 |
| Salaries / Turnover (%) | 38,5 | 50,4 | 53,1 | 41,1 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du directoire | Charles, Henri, Herve, Jerome | Deon | 51 | |
| Président | Jean-louis | Grevet | 62 |
Studies mentioning this company
The mattress market - France
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- Cofel Groupe (Pikolin Group)
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- Cosme Literie
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- Matelas No Stress
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- Nation Literie
- Literie Michel
- Maliterie
- Literie Duvivier (Matfa Groupe)
- Literie Bonnet
- Literie du Comtat
- Thiriez Literie
- Matfa Groupe (Literie Duvivier et Onrev)
- Mello
- Berfa group
- Riva Groupe
- Cimes Home
- Eleven Group
- Materassi E Doghe Italie
- Zenpur Sleep
- La Redoute AMPM
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The box spring market - France
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- Cofel Groupe (Pikolin Group)
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- Ikea France
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- La compagnie du Lit (Finadorm)
- Monsieur Meuble
- Hilding Anders
- BUT International
- La Redoute AMPM
The bedding market - France
Other companies mentioned:
- Ikea France
- Conforama France
- La maison de la literie
- Monsieur Meuble
- Tediber
- Adova Group
- La compagnie du Lit (Finadorm)
- Hilding Anders
- Cofel Groupe (Pikolin Group)
- BUT International
- Noctea
- Manufacture Brun de Vian-Tiran
- La Redoute AMPM
- Finadorm Groupe
- Treca (Adova groupe)
- Sealy Tempur
- Pikolin Groupo
- Interplume