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Bordeaux, February 11^th 2022 – The representatives of the NEXTEAM GROUP and VENTANA today signed the final act of their merger.

Announced last October, the unification of the two entities has now been confirmed. All of the shareholders were gathered together today to sign the act officialising the merger of the two groups.

A commitment for the future

This merger demonstrates, once again, the commitment of the management teams. It also contributes to the efforts to consolidate the aeronautical supply chain by creating a key player of reference in a context of a growing business activity.

Thanks to their specific know-how, NEXTEAM GROUP and VENTANA form a new group specialized around three axes of expertise: high precision machining (Machining division), foundry (Foundry division), sheet-metal working (Sheet-metal & Welding division).

A new governance

Ludovic ASQUINI is the Chairman of this newly merged Group. the Managing Director is Christophe MAURY and the Deputy Director Generals are: Nicolas BOYER for the Machining division, Vincent TABORIN for the Foundry division, Daniel CHARBONNEL for the Sheet-metal & Welding division. Gérard RUSSO and Guy KILHOFFER continue their involvement as strategic counsellors for the management team.

«The completion of this merger will allow us to deploy a common strategy for the benefit of both our employees and our customers. » says a delighted Ludovic ASQUINI, Chairman of the NEXTEAM GROUP.

« The alliance of two groups with very similar corporate guidelines makes it possible to envisage a rapid integration of both organizations which is fundamental in the current context. » explains Gérard RUSSO, Chairman of VENTANA.

A governance supported by the shareholders of the Nexteam Group. « We are delighted that the merger of Nexteam Group and Ventana has come to fruition and that we are thus contributing to the creation of a major player in the aeronautical industry. Their industrial vision and corporate culture are assets for the necessary consolidation of the aeronautical supply chain in Europe», underlines Damien MARTY of Tikehau Capital’s private equity team.

About this merged Group:

• A major player in the aeronautical world specialising in high precision machining, complex foundry castings, sheet metal working and special processes, this new Group is oriented towards design and equipment manufacturing (structure, flight, engine, metal components and assemblies).
• A Tier 1 and Tier 2 supplier to major customers in the aeronautical, space, defence and energy industries in Europe and North America.
• The Group employs 2,200 people in 22 production sites or design offices in Austria, France, Morocco, Poland, Portugal, Romania, Sweden and Tunisia.
• The new entity resulting from this merger will have its headquarters at 34 avenue Condorcet in Marmande.
• www.nexteam-group.com

Ventana Foundry Arudy is the first company in the Pyrénées Atlantiques to benefit from state funds for aeronautical and automotive modernization for its R&D project to replace sand in the foundry to resolve the problem of employee exposure to silica and drastically reduce its environmental impact. The Ventana team is up to the challenge. “It’s a 3-year program but we hope to be faster”.

Ventana is opening up to other innovative projects: an artificial intelligence program analyzing the representation, recording and statistical analysis in 3D models of parts, indications detected by digital radio but also by penetrant inspection. “There exists nothing like this in our business field, this is why we decided to invent it” explains Gérard Russo, President of the Ventana Group.

A new trio is being built: Benoit Fliss takes over the Management of Ventana Narcastet, Jérémy Ballihaut becomes Production Manager and David Dziubanowski Quality Manager. We wish them every success in this new adventure.

Ventana Foundry Toulouse is adapting to the current situation linked to # Covid-19: on April 23rd, 2020 a virtual visit of the plant for one of its potential customers was managed by the Plant Director Grégory LARROQUE with the participation of the Casting, Completion and NDC Managers. This new experience was greatly appreciated. Thank you to all the participants of the visit.

Following the decision of the French authorities concerning the COVID19 pandemic, Ventana modifies its organization so as to slow the spread of the virus and protect its employees and more generally the citizens. In this exceptional context, the Ventana sites are in reduced activity from March 16 to March 27, 2020 inclusive. We will continue to keep you informed of developments through this site.

As part of its partnership with the Pays de Soule high school in Chéraute, Ventana Narcastet, after having proposed to BTS CIM students to work on a project in collaboration with the Campa de Jurançon high school, received the STI2D students from the Country high school de Soule for a visit to his workshop to introduce them to the machining trades.

Industry 4.0 is not just a digital revolution. Those who explore these new technological territories agree that people are at the heart of their transformation. The Viv Industry Show, on November 26 and 27, 2019, in Bordeaux, illustrates this again. More than ever, work organization, professional training and talent management are strategic issues for industrialists who love innovation. But also for local authorities and public services which want to support them in their growth.

With two new acquisitions, the Béarn group is now present in foundries, boilermaking and the machining of light alloys. Also having industrial sites abroad, the subcontractor can ensure the manufacture of complete assemblies on behalf of major clients.