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Aeronautics: how the French company Safran has transformed in five years

2021-01-04T05:16:41.914Z


Between 2015 and 2020, the company sold its biometric identity activity and refocused on aeronautics by buying Zodiac Aerospace. She gained visibility and assertiveness.


Safran is a modest house and we teach it well.

Jean-Paul Herteman, former CEO of the engine and aeronautical equipment manufacturer until May 2015, liked to recall the fundamentals of the group.

A French company, heir to the company Gnome et Rhône founded in 1915, which then took the name of Snecma (National Society for the Study and Construction of Aircraft Engines) when it was nationalized in 1945. Snecma, a name that smells of the “

glorious thirties

” and the public arsenal.

In March 2005, the company adopted the name of Safran on the occasion of a structuring transaction: the acquisition of Sagem, a specialist in defense electronics.

Ten years later, Sagem is still not really integrated within Safran, which itself "

functions as a holding company, at the head of a myriad of companies

" with prestigious but disparate names, such as Messier Dowty, Bugatti or even Hispano Suiza.

The company has entered a new profession, security and biometric identity

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Source: lefigaro

All business articles on 2021-01-04

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