ADB Airfield Solutions is a world leading airfield technology company providing innovative solutions for airfield ground lighting. ADB has installed more than 500,000 LED lights at airfields around the world, thus reducing maintenance and energy costs.
Headquartered in Zaventem (Belgium), ADB has installed products in 2,000 airports across 175 countries and is the #1 player in Europe, North America, the Middle-East, Africa and Latin America and Asia (excluding China). The Company supplies lights and signs located in airports' electrical substations; and lighting control and monitoring systems located in airport control towers or substations.
PAI has acquired ADB to help drive the next step of the business transformation, drawing on the team's successful track record of creating value through internationalisation and add-on acquisitions. PAI made an early approach to ADB's management team, a year prior to the transaction, developing a strong relationship that enabled the team to be fully prepared for the sale process and deliver a firm offer in a relatively short timeframe.
The investment rationale was predicted on ADB's leadership on the global "AGL" (airfield ground lighting) market. AGL is a resilient market, with high barriers to entry and solid growth drivers and the company offers significant upside potential in operational efficiency.
"ADB was born from a complex carve-out from Siemens in 2009, gathering product ranges, people and customer relationships from 5 different Siemens entities. We have turned it into a global, integrated leader with a proven capacity to innovate, satisfy its customers, and grow. We look forward to working with PAI to deliver the next phase of ADB's growth story."