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Nexteam Group and Ventana Group to merge

Nexteam Group, which is backed by Tikehau Capital and ACE Capital Partners, and Ventana Group are to merge to create an industrial player serving the aeronautics, space and defence sectors. 

The new group created, specialising in the aeronautics, space and defence sectors, will be built on its industrial centres of excellence and the commercial and geographical complementarities of the merged entities. 

The planned merger is based on the commitment of the management teams of both groups. Convinced of the recovery of the sector and the positive dynamics brought about by this merger, the shareholder-managers are increasing their level of investment in order to maintain all the financial capacities needed to ramp up the group and thus anticipate the growth phase to come. 

Ludovic Asquini, Chairman of Nexteam Group, says: “Our capital strengthening is a guarantee for the teams of the new entity of our confidence in the future. With this merger between two solid market players, which combines complementary industrial skills and a common vision of the role of innovation in our businesses, we intend to play a full part in the economic recovery of the sector.”
 
This structuring operation will bring together two solid groups in the sector with a view to creating a reference player. The newly formed group aims to quickly return to its pre-crisis consolidated turnover of over EUR315 million and thus to rank among the market leaders. For Gérard RUSSO, Chairman of the Ventana group: “This merger, which we have been working on for several months, will contribute to the consolidation of the aeronautical market recently called for by the government and the main players in the sector”.
 
Damien Marty of Tikehau Capital says: “This merger accelerates the growth plan and the development of Nexteam group. It reflects our desire to support the role that Nexteam Group plays and intends to play in the consolidation of the aeronautical supply chain in Europe.”

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