Villeneuve d’Ascq, France
www.mader-group.com
PRIVATE COMPANY: YEAR ESTABLISHED: 1993
REVENUE: $210 million
MARKETS SERVED:
Rail coatings; Industrial coatings; Piping industry; Automotive OEM coatings; Coil coatings.
KEY EXECUTIVES:
Julian Molina, CEO; Alice Roussel, marketing director; Emeline Pedoni, technical director.
Founded in 1993, Mäder Group is a privately held paint and coatings leader headquartered in Villeneuve d’Ascq, France. The company reports $2109 million in sales in 2023, split between in rail coatings (30%), Industrial coatings (30%), the piping industry (20%), automotive OEM coatings (15%) and coil coatings (5%).
Mäder Group has four manufacturing sites for liquid and powder coatings in France, as well as coatings sites in Germany, Switzerland and India. The company also has a manufacturing facility for composites and resins in France as part of its vertical integration strategy, and a comprehensive distribution network in Eastern Europe, Asia and Americas, enabling Mäder Group to distribute its solutions in 70 countries around the world. All told, the company has 650 employees.
In 2023, Mäder Group accelerated its shift towards sustainable chemistry, and in 2024, it will once again strongly assert this positioning by bringing innovative and decarbonization-oriented solutions to its strategic markets. This strong commitment enabled the company to be awarded the Gold EcoVadis Medal.
Mäder Group CEO Julien Molina said that 2023 was once again a complex year for industrial paint markets.
“Like other industries, it was impacted by the economic and geopolitical situation,” Molina observed. “The scarcity of raw materials and their inherent price hikes, unprecedented rises in energy costs and interest rates, and inflation in general have weighed on our businesses.
“Nevertheless, against this difficult backdrop, our performance was positive compared with previous years, and we were able to win market share, especially in our core businesses and strategic segments thanks to the commitment of our teams and a stronger sales drive,” Molina added.
“Moreover, 2023 once again demonstrated the urgent need to transform our business model, a transformation to which the Mäder Group has been resolutely committed for several years, in particular, focusing our innovation forces on measuring and improving our impacts on health and environment through solutions geared to the constant search for efficiency and decarbonization,” Molina concluded. “These major concerns have always been part of our DNA, but today we sense a clear acceleration in the markets' desire to be part of a more reasonable and sustainable industry.”
