News
In November 2018, Satys SP USA completed painting its 100th Boeing airplane. This milestone occurred 24 months following the award of the Boeing contract for paint services at PDX (Portland), fulfilling fulfilling the dream of many colleagues of Satys to take OEM painting and sealing services to America. Following a rapid mobilization and start-up, Satys SP USA (then STTS USA) completed its first airplane an EVA B777 in March, 2017. Since that time the Satys SP USA team with Group production and management support has painted 4 different Boeing aircraft, B737, B747, B777, and B787. There have been over 45 different liveries, in both passenger and freighter models. In July, 2018 the team began a process that allows side by side painting of B737 in one hangar with a wide-body aircraft in the other hangar.
While there have been challenges along the way, the commitment to safety, on-quality and on-time delivery has never waned. The Satys SP USA team continues to grow its skill level, granting nearly 100 promotions as individuals progress through the Satys training program. In addition, we have achieved several consecutive “clean” Boeing site audits and Satys Managers frequently participate in trainings and meeting in order to share best practices with other Satys sites and colleagues around the world.
To mark the 100th airplane milestone, the Satys SP USA Team gathered in front of the aircraft for a photo with our visiting CEO, Christophe Cador and then enjoyed 100 cupcakes & 100 glasses of sparkling cider. Bravo!
The French Industrial Group Satys further develops its “aircraft repainting” business in Europe by acquiring Air Livery (UK)
On October 1st Satys acquired the company Air Livery one of Europe’s leaders in the aircraft repainting business for more than 25 years.
The Air Livery headquarters are located at the Norwich Airport and it operates eight hangars on five sites in the United Kingdom (Norwich, Manchester, East Midlands, Cambridge and Southend) as well as one in Bratislava, Slovakia. The company paints over 200, long and short-hauI aircraft as well as corporate jets per year. It forecasts a turnover of £17m for 2018/19 and has 170 employees.
This acquisition will allow Satys to consolidate its repainting activity (“aftermarket”) and complement the current network: Paris - Le Bourget, Lelystad, Casablanca, Haikou (China) and Dubai (opening scheduled end 2019).
Operations will be supplemented with a long-range hangar in Europe in 2019.
This acquisition offers new possibilities as Air Livery has expertise in support and engineering (Part 145), graphics, external markings and sticker production.
from left to right Mr Salaheddinne Mezouar President of the General Confederation of Moroccan Companies, Mr Moulay Hafid ElAlami Minister of Industry, Investment, Trade and Digital Economy, Mr Christophe Cador CEO of Satys
Under the honorary chairmanship of the Minister of Industry, Investment, Trade and Digital Economy Moulay Hafid Elalamy, Satys inaugurated, on Wednesday, July 4th, its new plant in Casablanca.
It is dedicated to sealing and sub-assembly painting. The new facilities has required an investment of about 2 million Euros and will create 50 job opportunities in the future.
On June 12th, 2018 Satys acquired Prodem (PROtection DEs Méteaux) , a well-known French specialist in surface treatment. Using the expertise of the Cornebarrieu and Dugny sites, Satys will develop a new Business Unit called “Satys Surface Treatment” and will thus consolidate the current surface treatment activity spread around France.
Furthermore, Satys is committed to meeting the ever-increasing environmental challenges and especially the REACH regulation which will require significant investment on its part.
This acquisition should allow the group’s Surface Treatment activity to increase its annual sales from 2 million euros with 20 people in 2017 to annual sales of 15 million euros employing 170 people in 2018 and then to 25 million euros with 350 people in 2020.
As part of its development strategy, Satys signed a partnership agreement at the Saint-Petersburg Economic Forum with the company Spektr-Avia, a Russian specialist in aircraft painting, the Ulyanosk regional government and the Regional Development Corporation.
This partnership will enable the construction of a Single Aisle paint shop in Ulyanovsk.
Design has already started and the company will be set up before the end of the year. The first planes should be rolling out of this new paint shop in 2020.
On May 24th 2018 Satys bought the Spanish company Kelox which was founded in 1959 with locations in Madrid and Pennsylvania (USA).
Kelox is specialized in rail equipment through the design and supply of galley systems and the provision of related services to builders of rolling stock and railway operators worldwide. Main core business activities are refrigerated systems, stainless steel equipment and interior developments by carrying out turn-key projects.
In Madrid, Kelox has a design and engineering office, a 2000 m2 factory and a test laboratory with Iris and EN 15085 certifications.
Among its main customers are Alstom (the company recently chosen by Alstom for the Amtrak project, high speed trains in North America), Hitachi, Siemens, Talgo.
Kelox will strengthen and complete the Satys Interiors Railway division (formerly SMTC).
Luis Azorín, Managing Director of Kelox “Kelox is very happy to integrate a group as ambitious as Satys which will allow the company to continue to develop in the rail market. This integration couldn’t have been possible without the satisfaction and support of our customers as well as the expertise and know-how of our teams. ”
Christophe Jenny, Managing Director of Satys Interiors Railway “We are pleased to integrate Kelox into our group. This acquisition will allow Satys to offer a wider range of products and relevant skills.”
At the Aircraft Interiors Expo 2018 (AIX) in Hamburg we presented our new identity and our now booth.
Our Business Unit, Satys Interiors, was able to show some tailor-made solutions to VIP and Airlines.
The French industrial group Finaero adopts the name Satys to link its activities, divided into four business units:
- Satys Sealing & Painting (formely STTS): aircraft painting & sealing, aerostructures & railway equipment.
- Satys Interiors (formely AIP, AIT and SMTC): design and production of railway and aircraft interiors.
- Satys Electric (formely CIEE Interconnect): wiring and cable assemblies for the medical, energy, rail and aerospace sectors.
- Satys Surface Treatment (formely AST): surface treatment for aerospace components.
Why Satys? Customer satisfaction, one of the group’s key values.
A simple name that evokes customer satisfaction and embodies the group’s values:
- Partnering with our customers: innovating to create tailor-made solutions
- Operational excellence: our DNA
- People oriented: develop industrial infrastructures to allow for good working conditions, respect for the environment and guarantee sustainability and diversity for employees
Christophe Cador, Chief Executive Officer and the Group’s founder: “In addition to better clarity for our customers, Satys reflects the DNA of our group, its teams, its history: we all share the same objective of customer satisfaction for today and tomorrow. This can be found in our respect for on-time delivery and quality that we impose on ourselves as well as a constant pursuit of competitiveness for our products and services. These are the conditions for our development and the sustainability of our markets. I would like to take this opportunity to pay tribute to Satys’ teams who strive on a daily basis towards that end.”
Our development’s success: strong and controlled growth
Satys group completed the 2017 fiscal year, which ended September 30th, with a revenue of €172m an increase of 28% over 2016 and 19% at constant scope, with 2500 employees in 11 countries in Europe (Francs accounts for 60% of the employees), Middle East, China, South-East Asia and North America. The group’s headquarters are in Blagnac (Occitanie Region of France). Activity in 2018 will be superior to €200m at constant scope and profitability will make it possible to support future investment programs after those from the 2016-2018 period which amounted to €120m. At the end of the five year road map established in 2017, the group has set itself an objective to double its activity by 2025, through internal growth and acquisitions across the four business units, while remaining agile and always ready to reassess itself.
Satys Sealing & Painting is today one of the leading partners of Airbus and Boeing in a risk sharing program for painting new aircraft. Furthermore, Satys Sealing & Painting is already present in the aircraft repainting (MRO) market and will intensify its development, especially in the Middle-East, thanks to the opening of a new paint hangar able to accommodate the A380 at the Dubai South Al Maktoum airport in 2019. Satys Sealing & Painting will be able to paint more than 1000 aircraft by 2023. Based in Blagnac, the heart of the aircraft painting world capital, Satys Sealing & Painting has initiated innovation programs so that customers can improve their competiveness especially in aerostructures. This innovation is supported by Expiris, the group’s R&D lab in which the company holds 50% of shares.
Satys Interiors specialized in railway and aerospace interiors in specific markets, will boost its growth thanks to its presence in China and through external growth especially in the rail industry.
Satys Electric, of which the design office and manufacturing are based in Thailand, will continue to provide support for its customers in the medical, energy, railway and aerospace sectors with two new sites planned for in Germany and the USA. This development will allow Satys Electric to see its activity doubled by 2025.
Finally, Satys Surface Treatment, the group’s new activity, will undertake heavy investments. Like in the other business units, disruptive innovation, competitiveness, zero-pollution, working conditions and internalization will all drive new growth. New acquisitions are currently under consideration in this business unit.
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