COMPANY

Adhese

Adhese is a privacy-first ad serving and retail media software for publishers and retailers.

Analyst Perspective

Adhese is a Belgian adtech company that provides advertising infrastructure for publishers, retailers, media owners, advertisers, and agencies. Its core offering is a privacy-first, omnichannel platform centred on ad serving, campaign management, inventory monetisation, targeting, and analytics. The platform supports direct and programmatic workflows across web, in-app, retail media, and digital out-of-home environments, with an emphasis on first-party data control and cookieless operation. The company makes money primarily from enterprise SaaS licensing for its ad server and broader platform, supplemented by managed service revenue through its Retail Media as a Service offering. Its customers are businesses building or monetising media inventory rather than consumers. The business is positioned as an alternative to larger ad stack vendors for organisations seeking more control over data, privacy compliance, and multi-channel monetisation.

Analyst Signal Briefing

Updated: 2 Jul 2026

Adhese has expanded its solution portfolio by introducing commerce media capabilities designed to optimise audience data and touch-point monetisation. This strategic move is complemented by a new partnership with Colruyt Group Retail Media Services to support retail media operations. Additionally, the company has appointed Ali Diouri as Commercial Director for the MENA region to lead its expansion efforts in the territory. These developments represent a dual focus on diversifying service offerings within retail media and driving international growth.

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Category Differentiation

Adhese is a B2B adtech infrastructure provider, not an advertising agency or media owner. It should be distinguished from broader consumer ad platforms by its focus on ad serving, retail media enablement, and publisher monetisation software.

Adhese: About

Adhese operates a B2B software and services model. It sells proprietary advertising infrastructure to organisations that own media inventory or need to run campaigns across publisher and retail environments. Value is created by helping customers centralise ad serving, campaign execution, targeting, reporting, and monetisation in one system while retaining control over first-party data. In addition to software, Adhese offers managed retail media operations for clients that want to outsource execution rather than build in-house capability.

How Adhese Works & Monetises

Business model analysis and core revenue streams

Adhese primarily monetises through enterprise SaaS contracts for its ad server, self-service advertising tools, and broader adtech platform. Pricing likely combines software subscription or licence fees with usage-based components linked to ad serving volume, campaign activity, or inventory scale. It also generates service revenue from managed retail media operations, including setup, onboarding, campaign execution, and ongoing programme management fees.

Revenue Channels

Enterprise ad serving platformSaaS / software licensing
Self-service advertising platformSaaS / software subscription
Retail Media as a ServiceService fee / retainer
Implementation and onboardingProfessional services / setup fees
Usage-linked serving or campaign volume feesPay-per-use

Recent Signals (Adhese)

AdheseMay 23, 2026

commerce media

unlock the full value of your audience, data, and touch points

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AdheseMay 23, 2026

Adhese starts partnership with Colruyt Group Retail Media Services to support retail media operations

Adhese has announced a new partnership with Colruyt Group to enhance retail media operations.

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AdheseMay 23, 2026

Commerce Media Added to Solutions

The current version includes a new section under solutions that highlights 'commerce media' as a way to unlock the full value of audience, data, and touch points.

Read original source

Adhese: Frequently Asked Questions

What is Adhese?

Adhese is a Belgian adtech company that provides ad serving, campaign management, self-service advertising, and retail media software for business customers.

Who uses Adhese?

Publishers, retailers, media owners, advertisers, agencies, and in-house marketing teams use Adhese to manage and monetise advertising inventory and campaigns.

How does Adhese make money?

Adhese makes money through enterprise SaaS fees for its advertising platform and ad server, plus managed service fees for retail media operations and related onboarding or usage charges.

Company Facts

Founded
2001
Headquarters
Dulle-grietlaan 1/0001, 9050 Gentbrugge – Belgium
Core Segment
AdTech Vendor
Company Size
10–49
Official Link
adhese.eu