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RELEASE<\/p>\n
\nConsolidation in the aeronautics industry<\/strong> Marmande and Narcastet, 6 October 2021 – Nexteam Group and Ventana Group announce their\u00a0merger to create a leading industrial player serving the aeronautics, space and defence\u00a0sectors. This project reflects the aim of the shareholders of both groups to create an\u00a0independent and responsible technological and industrial leader.<\/strong><\/p>\n The new group created, specialising in the aeronautics, space and defence sectors, will be\u00a0built on its industrial centres of excellence and the commercial and geographical\u00a0complementarities of the merged entities.<\/strong> In concrete terms, this complementarity means: This complementarity is also reflected in a strong common culture, born of the heritage of all\u00a0the entities, the commitment to technical excellence and a strategy oriented towards\u00a0innovation, digitalisation <\/strong>and environmental and social responsibility<\/strong>.<\/p>\n The planned merger is based on the commitment of the management teams of both groups.\u00a0Convinced of the recovery of the sector and the positive dynamics brought about by this\u00a0merger, the shareholder-managers are increasing their level of investment in order to\u00a0maintain all the financial capacities needed to ramp up the group and thus anticipate the\u00a0growth phase to come.<\/strong> Ludovic Asquini, Chairman of Nexteam Group, said: ” Our capital\u00a0strengthening is a guarantee for the teams of the new entity of our confidence in the future.\u00a0With this merger between two solid market players, which combines complementary\u00a0industrial skills and a common vision of the role of innovation in our businesses, we intend to\u00a0play a full part in the economic recovery of the sector.\u201d<\/p>\n This structuring operation will bring together two solid groups in the sector with a view to\u00a0creating a reference player. The newly formed group aims to quickly return to its pre-crisis consolidated turnover of over \u20ac315 million* and thus to rank among the market leaders.<\/strong> For\u00a0G\u00e9rard RUSSO, Chairman of the Ventana group: “This merger, which we have been working\u00a0on for several months, will contribute to the consolidation of the aeronautical market recently\u00a0called for by the government and the main players in the sector\u201d.<\/p>\n This project, supported by Nexteam Group’s shareholders**, is part of the dynamic of\u00a0consolidation of the sector in France which is necessary to strengthen European leadership in\u00a0aeronautics and to participate effectively in the economic recovery of the sector. As Marwan\u00a0Lahoud, Chairman of Ace Capital Partners (subsidiary of Tikehau Capital) points out, \u201cwe must\u00a0collectively be able to respond to the sector’s increase in pace by ensuring the continuity of\u00a0the value chain, and only constructive consolidation operations will enable us to achieve this.\u201d<\/p>\n For Damien Marty, Tikehau Capital, “This merger accelerates the growth plan and the\u00a0development of Nexteam group. It reflects our desire to support the role that Nexteam Group\u00a0plays and intends to play in the consolidation of the aeronautical supply chain in Europe.\u201d<\/p>\n The operation will be presented to the employee representative bodies and more generally to all employees.<\/p>\n Key figures for the consolidated group<\/strong> <\/p>\n About Ventana Group<\/strong><\/em> About Nexteam Group<\/strong><\/em> * On the basis of the 2019 consolidated turnover <\/p>\n
\nMerger of the Nexteam and Ventana groups<\/strong>
\nto create a leading industrial player<\/strong><\/p>\n
\n– The diversity of expertise brought together and developed<\/strong> – foundry, mechanical,\u00a0mechanical welding and surface treatment
\n– The extended participation in industrial programmes<\/strong> – commercial aircraft, business\u00a0and military aviation, aeronautical turbines, space launchers, satellites, civil and\u00a0military helicopters and the main defence programmes,
\n– The extended industrial presence in Europe and North Africa of the group<\/strong>, close to\u00a0its customers<\/p>\n
\n\u25cf Consolidated turnover \u20ac 315 million
\n\u25cf 22 production sites
\n\u25cf Presence in 8 countries: France, Portugal, Austria, Sweden, Poland, Romania, Morocco
\nand Tunisia
\n\u25cf 2400 employees<\/p>\n
\nThe Ventana Group designs and implements efficient\u00a0manufacturing processes (V-Solutions) with its three\u00a0industrial divisions of foundry, mechanics and mechanical welding for high value-added metal\u00a0components and assemblies. The Ventana group mainly supplies the aerospace, defence and energy\u00a0industries in Europe and North America. The group\u00a0has 900 employees in 11 production sites in France,\u00a0Sweden, Austria, Portugal and Tunisia.<\/p>\n
\nNexteam Group, created in 2015 from the merger of\u00a0the family-owned companies Asquini, Gentilin and\u00a0Sofop, is an intermediate-sized company whose
\nactivities are focused on the design, manufacture and\u00a0support of mainly metal parts for the aerospace and\u00a0defence industries. The group employs 1,500 people
\nat 11 production sites in France, Poland, Romania and\u00a0Morocco.<\/p>\n
\n** Tikehau Capital and ACE Capital Partners<\/p>\n