Turnover: 450 million EUR (2020)
Country: France
Alvest is the world's No. 1 supplier of airport ground-handling equipment, under the TLD brand, its main subsidiary. Its products include cargo loaders, generator tractors and jet starters.
TLD specializes in the design, manufacture, distribution and after-sales service of ground handling equipment (GSE) for the aviation industry: tractors, loaders, starters, passenger stairs, baggage conveyors, air conditioners, etc
400 employees, 9 plants
Its subsidiary, Sage Parts, supplies spare parts for the full range of ground handling equipment
Adhetec manufactures high-tech films and adhesives for the aeronautics sector and industrial customers.
Headquartered in France, the group is present on three continents, with 12 factories worldwide and a network of distribution and service centers serving a diverse customer base of airports, airlines and ground handlers across the globe.
Alvest has experienced unprecedented rapid growth, with net sales tripling between 2011 and 2017. When Ardian Co-Investissement acquired a minority stake in 2017, Alvest had annual net sales of €550 million and nearly 1,700 employees.
Sales reached €700 million in 2019 before dropping sharply during the health crisis.
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