PARIS, April 8, 2013 /PRNewswire/ --
Acquisition
Altran today announced the acquisition of AirCaD, an engineering design and development firm specialised in cabin-interior completion and retrofit for private jets. This acquisition completes the portfolio of Altran's expertise in the Aeronautics sector and is in line with the numerous projects carried out by its experts in the Aerospace and Defence division, such as the preparation of the largest aircraft maintenance centre in the world, The Wings Valley® of Dubai, dedicated to helicopters and business jets.
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AirCaD provides cabin-interior engineering services for all types of private and government jets. Their experts are specialised in the design, engineering and certification of aircraft modification projects: mechanical and electrical-system research and design, as well as stress analysis, maintenance and certification documents.
With this acquisition, Altran acquires Design Organisation Approval (DOA), the European accreditation to obtain the aircraft's "permit to fly": one of the key services proposed within the context of The Wings Valley® of Dubai. This global offer will also be deployed in all the Group's strategic international growth zones: Middle-East, Asia etc.
AircaD adapts and integrates cutting edge technologies and materials into large "flying-palace", aircraft with luxury-style equipment. With 180 projects carried out since its inception, AirCaD is able to equip cabins with meeting rooms, private spaces (rooms, bathrooms) and even medical areas. The objective is to limit the immobilisation of the aircraft, ensure its conformity with civil aeronautical regulations and optimise the modular potential of restricted spaces.
Commenting on the acquisition, Philippe Salle, Chairman and Chief Executive of the Altran Group, said "AirCaD's activities fit perfectly with Altran's objective in the Aeronautics sector to offer turnkey solutions that combine our solutions offering and global services on specialised markets. With a common passion for innovation, we share the same appetite as AirCaD for rising to the challenge. The expertise and size of AirCaD make it a privileged partner for great maintenance centres and production workshops."
"The merger with Altran will enable us to participate in exciting projects and leverage synergy in terms of the savoir-faire we can offer our clients. Henceforth, we will be operating on a niche activity segment while benefiting from the critical mass of the Altran Group which collaborates with major client accounts" declared Nicolas Roberval, Executive Director of Altran AirCaD.
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