Satys announces the Group’s reorganization and a capital increase

Blagnac and Paris September 30th, 2021 “This operation will strengthen the group’s structure and prepare for both future growth and its role as an actor in the consolidation of the aeronautics industry in France, Europe and the United States,” says Christophe Cador, Satys founder when explaining the new development phase that the French industrial group, based in Blagnac, France, has engaged in. Satys will be reorganized into two separate entities, Satys Aerospace and Satys Interiors and fresh equity will be injected in Satys Aerospace to the tune of 40 million euros. The latter was underwritten by the current shareholders in Satys: Ace Capital Partners (subsidiary of Tikehau Capital), Crédit Mutuel Equity, BPI France, IRDI Capital Investment, Satys Industries owned by Christophe Cador and a pool of regional and national investors from Crédit Agricole led by Crédit Agricole Régions Investissement (CARVEST). The management team headed by Christophe Cador will retain the majority of voting rights. Ace Capital Partners will reinforce its position with a subscription of 30 million euro, becoming the second largest shareholder of Satys Aerospace. This operation will take effect on September 30th, 2021, led by Christophe Cador (CEO), Grégory Mayeur (Satys Aerospace Managing Director), Pierre Yves Fargeas (Satys Aerospace CFO) and Olivier de Froissard (Satys Interiors Managing Director).

250 million euros in revenue by 2025

Similarly to all the players in the aeronautics industry, Satys was hard hit by the Covid- 19 crisis in 2020 and 2021. The group is now looking forward to a gradual return to growth for all its activities. “The most difficult is behind us now”, confirms Pierre-Yves Fargeas. “The equity injection will allow us to consolidate our financial situation, pursue our organic and external growth plans in France and in Europe and our very ambitious industrial CAPEX program, mainly in France. We are heading into the 2022-2026 period committed to meeting our economic, industrial and business challenges. Our undeniable strength comes from our group’s team spirit and method of governance with our investors. The regional banks have provided their unwavering support as well as their confidence in the aero industry. We can continue to count on them.” “We believe in the future of the civil and military aeronautic industry and helicopters and their capacity to bounce back and grow”, explains Grégory Mayeur who predicts by 2025 a revenue of 250 million euros compared to 110 in 2021 and 155 in 2019. “A target that can be met based on several drivers”, says Satys Aerospace Managing Director: “external growth, maintenance and repair (MRO) business recovery especially in the United States, an upturn in production rates as announced by the manufacturers, such as the A320 family (+50% in 2024 compared to 2021) and the ramp-up of the surface treatment activities. The recovery is starting to take shape”, rejoices Grégory Mayeur: “the group’s revenue for the fourth quarter in 2021 will increase by 39% compared to the same quarter in 2020 (+30% on a like for like basis), even if it is still 20% below compared to the same period in 2019.”

Two hundred employees to be hired in 2022

“We are proud that our current financial shareholders continue to show their trust in us, thereby demonstrating their optimism in our industry and in Satys Aerospace. A special mention for Ace Capital Partners: Ace Capital Partners, subsidiary of Tikehau Capital contribution to the capital increase validates our strategy as it brings together the French aeronautic industry support funds and the prestigious investors Airbus, Dassault Aviation, Safran, Thales, Tikehau Capital, the French National Investment agency, BPI France and Crédit Agricole. This operation both honors and obliges us”, insists the group’s founder, “to innovate constantly, deliver on time and on quality, to be competitive and to continue to reduce our carbon footprint for all our activities by investing in new technology”. Christophe Cador also acknowledges the commitment shown by the teams present in 10 different countries, who despite the unprecedented crisis have worked relentlessly over the last 18 months, with the main objective of delivering customer satisfaction. He would also like to thank all the customers as well who maintained their trust during these trying times. “We are enthusiastically embarking on a new phase in the life of the group. It will provide growth, employment – almost two hundred new hires in 2022 - as well as challenge us to onboard new teams”. Marwan Lahoud, President of Ace Capital Partners, subsidiary of Tikehau Capital says: “By underwriting this capital increase and by becoming the second largest shareholder after Christophe Cador founder of Satys Aerospace, we reaffirm our confidence in Satys and its management team. Satys has demonstrated remarkable growth in the past and is now undeniably a key player in the industry and a platform for consolidation of its businesses.”

Creation of Satys Interiors Railway Switzerland

Satys is continuing to expand its Interiors Railway business unit with the creation of Satys Interiors Railway Switzerland on March 1st.

The main business of this new company will be to design toilet cabin systems for trains. These cabins will then be manufactured by Satys Interiors Railway Spain, our production site in Madrid.

Moreover, this new facility will give us a foothold into the German- speaking market for all of our Railway Interiors products.

Satys Interiors Railway will continue to offer high quality solutions at a competitive price and is working to become the European leader in train interiors.

SATYS and CTI Systems take another step striving for zero collision, revealing a world premiere: The Twin Scan Control

CTI Systems recently made a decisive step in the development of a new aircraft approach control system by finalising, in one of SATYS' paint shop for long range in Blagnac, France, the Twin Scan Control, as the first step towards the automation of teleplatforms.

2 years of research and development by CTI Systems, and the collaboration of SATYS have led to the implementation of a new revolutionary anti-collision system, theTwin Scan Control, which allows greater precision in aircraft approach through automatic distance control. Both companies, which have been active in the aviation industry for decades, attach great importance to innovation. SATYS, with its user-oriented attention to detail, is constantly innovating in the field of safety. Not only for its staff, but also in terms of meeting deadlines and quality levels. CTI Systems on its side, inventor of the teleplatform, is constantly innovating in the development of products and systems in order to meet the new challenges of its customers.The innovative Twin Scan Control system is based on a real image of the aircraft and not a 3D surface model and as such uses the real aircraft shape including deflection of aircraft structure and position of moving parts like flaps. The systems not only controls the teleplatform speeds depending on the distance to the aircraft skin but also stops the equipment without the operators intervention at a preset distance, thus avoiding touching the aircraft envelope.The Twin scan Control facilitates the operations on the periphery of the aircraft with the target to achieve the highest possible level of safety and quality result. This novelty thus opens the door to the automated trajectory movement of teleplatforms, and consequently to future robotisation.About CTI Systems: CTI Systems, part of the Paul Wurth Group, is a supplier of integrated automated handling and processing systems, especially for heavy loads, with more than 58 years of experience. The product and service portfolio includes automated material handling solutions, aircraft maintenance systems, storage systems, surface treatment facilities, assembly lines, as well as software solutions for production control and optimisation of storage and distribution systems (MES & WMS), including the integration of machines from other

MRO aftermarket painting sukhoi

First Sukhoi Superjet in Bratislava !

We are pleased to announce the completion of our first Sukhoi Superjet 100! Since December 20, we have completed 3 Sukhoi SSJ100 at our facility in Bratislava with the 4th have to be completed shortly, the aircraft were completely repainted from Aeroflot colours to the livery of Rossiya Airlines .

surface treatment aero qualification

Satys Surface Treatment Team is pleased to announce a new qualification

SATYS Surface Treatment Team is pleased to announce the qualification of SAO NG( Sulphuric Anodic Oxidation New Generation) for SAFRAN VENTILATION SYSTEMS. This qualification adds to the qualifications already acquired for SAFRAN VENTILATION SYSTEMS on Penetrant Testing / Classic OAS / Alodine 1200 /Passivation / Painting treatments.

Satys announces new Singapore operations in the Bombardier Service Centre

Satys continues the development of its Aftermarket and VIP Painting Business Unit with the operation of two new paint hangars, based at the Bombardier Singapore Service Centre, the largest private aircraft maintenance center (MRO) in South East Asia.

Bombardier’s line of business jets is the most comprehensive of any original equipment manufacturer (OEM), with three leading aircraft families. Its line of Learjet, Challenger and Global jets allows customers to grow within the Bombardier business aircraft family as their travel requirements evolve. Bombardier has more than over 4,800 business aircraft in operation, in more than 115 countries. With a worldwide network of Service Centers, Mobile Response Trucks and Parts and Component Repair and Overhaul Facilities, Bombardier’s Service and Support teams offer comprehensive capabilities and deliver the highest quality service by the technicians who know Bombardier aircraft best.

“We are very pleased to be working with Satys to provide impeccable paint capabilities at the Singapore Service Centre, offering enhanced service and support options for our Asia-Pacific based customers,” said Jean-Christophe Gallagher, Vice President and General Manager, Customer Experience, Bombardier Business Aircraft. “Customer satisfaction is always a top priority at Bombardier and this key partnership will enhance reliability and expectations, further strengthening our support to our customers.”

According to Fabien Roualdes, Satys Managing Director: “Satys is honored and thrilled to work with Bombardier in developing MRO capacities in South East Asia. This partnership perfectly fits both companies’ strategies and we look forward to delivering the best service to our customers.”

This facility is also capable of accommodating any private jets but also commercial single aisle aircrafts for the Airlines market. It is scheduled to open in the spring of 2020.


Bombardier, Learjet, Challenger and Global are registered or unregistered trademarks of Bombardier Inc. or its subsidiaries.

Aftermarket Painting europe long range

Satys annonces its takeover of ATE’s paint site in Châteauroux (France)

site employees of Châteauroux with Christophe Cador, CEO, Fabien Roulades, Managing Director and Thierry Melet, Aftermarket & VIP Painting Director of Satys

The Commercial Court of Toulouse on 10 October 2019 chose the industrial project of the Toulouse Satys Group to take over the ATE (Aéro Technique Espace) aircraft painting site in Châteauroux. ATE has been in recovery proceedings since 17 May 2019.

Based at the Marcel Dassault Airport in Châteauroux, ATE employs about forty people and has four paint hangars for wide-body aircraft. This site will complete Satys Group’s range of services, a key industrial player that has experienced steady growth over the last few years.

 Châteauroux, Satys Group’s centre of excellence in Europe for repainting aircraft

“Châteauroux will become our centre of excellence in Europe for the repainting ("Aftermarket Painting") of long-haul aircraft in Europe with a target of 50 aircraft per year. The know-how of the Satys Group combined with that of the Châteauroux teams will enable us to offer a quality and competitive service that meets the requirements of air operators. We will invest in this site. And we are taking on this challenge in France”, said Christophe Cador, Satys CEO.

“By 2019, we will have painted a total of 250 aircraft for the Aftermarket Painting activity and expect the activity to double by 2022,” explained Thierry Melet, Satys Aftermarket & VIP Painting Director.

I would like to highlight how the professionalism and recognized competence of both the Satys and ATE teams in Chateauroux played an important role in this recovery operation. I would also like to thank our customers and the Centre-Val de Loire Region, owner of the Marcel Dassault Airport in Châteauroux for their ongoing trust,” emphasized Christophe Cador.

upgraded A380 refurbishment business line

First of Qantas‘ upgraded A380 took off!

Qantas A380 onboard Lounge 

Qantas’ first upgraded A380 with the new cabin welcomed its first passengers today.

We are very proud to have been involved in the manufacturing of the galleys for the new A380’s Qantas Business Suite.

We would like to thank AIS (Airbus Interiors Services) for trusting us to help them on this wonderful project.

Two more A380s (of a total of 12) are scheduled to be refurbished before the end of 2019.

Qantas expects to complete the refurbishment of the remaining 11 aircraft by the end of 2020.

Congratulations to the SIA (Satys Interiors Aerospace) teams!