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Project to merge Aerolia and Sogerma

News International-French

9 Oct 2014

The Central Works Councils of Aerolia and Sogerma, wholly-owned Airbus Group subsidiaries, have been informed of the project to merge their activities.

This project will result in the birth of a world-class multi-specialist equipment manufacturer with a turnover of 1.65 billion euros and 6,100 employees worldwide.

As the leading European and worldwide number 3 aerostructures group, the future company’s major strategic areas will also include business class and first class passenger seats - for which the Group is worldwide number 3 - and pilot seats - for which the Group is joint world leader.

The future company's ambition will be to reinforce its global position in all its fields, while aiming for industrial excellence by accompanying the increasing production rates of its main customer Airbus and by strongly developing its activities with other aircraft manufacturers and airlines.

A size to match its ambitions
The new company will have a diversified customer portfolio in rapidly-growing markets (72% Airbus, 28% other aircraft manufacturers such as Bombardier and airlines).

The Company will have a total of 4,500 employees in France on production sites equipped with state-of-the-art equipment and a design office with some 500 engineers. The new entity will also have two industrial sites in North America with a total of more than 500 employees which will be strategic bases for development with North American customers. With more than 1,000 employees in North Africa, it will also have strong bases to foster its competitiveness.

A schedule
As of today, date on which this information has been given to both Central Works Councils, a schedule of consultation with the social partners of both entities has been set. This schedule aims for an effective merger on January 1st, 2015.

"The creation of our future company will strengthen our partnerships with all our customers, beginning with our main customer Airbus, and will be a major asset in commercial development and diversification at an international level. Today's announcement is an opportunity to thank all our customers for the trust they place in us on their programmes. It is also an opportunity to pay tribute to the skills and passion of all the staff of our future common entity and of our supply chain - they are the driving force in our development!" conclude Cédric Gautier, CEO of Aerolia and Jean-Michel Leonard, CEO of Sogerma.