Dublin-based Ardmac acquired by industrial group Purever

Global industrial group Purever Industries has acquired Ardmac, a Dublin-headquartered international specialist contracting firm.

Ardmac is a provider of clean, technical and working environments to the life sciences, data, micro-electronics, electric vehicle (EV) battery and commercial sectors across Europe. It employs about 500 people and had revenues of US$215 million in 2023.

Purever Industries is a leading industrial manufacturer of cleanroom and isothermal products for a wide range of markets. Purever has operations in seven countries and its products are sold in more than 80. The business, founded in Madrid in Spain in 2001 but now headquartered in Portugal, employs around 1,100 people and had recorded revenues of US$240 million in 2023.

Oaklins’ team in Ireland acted as the exclusive M&A advisor to the shareholders of Ardmac on their sale to Purever Industries. Ardmac has been the Irish team’s long-term client, having previously advised Ardmac’s management on their MBO in 2015. This transaction further demonstrates Oaklins’ track record and expertise in the industrial and mission critical infrastructure services sector, with the Irish team having recently completed five deals in this sector.