SECA Automatismes, a specialist provider of embedded electronics and tests benches well-known by the major aerospace and defense contractors. It was founded in 1978 and located in Saint Soupplets, near Paris, France. The company designs, assembles and maintains high added value electronic, electro-mechanical and IT equipment for aerospace and defense sectors, particularly in France with the Dassault’s Rafale program.
Managed by Franck Hayoun for nearly 20 years, SECA Automastismes has a turnover of more than EUR 7 m and employs about 30 people.
Aurignac Finance, advised the shareholders of SECA Automatismes on its sale to Alkan Group.
Alkan Group is a leading manufacturer of carriage, release and ejection systems for the aeronautical and defence industries supported by Groupe Chevrillon and IDI. With this strategic acquisition Alkan is intended to complement the Group’s know-how with new expertise in electronics, testing devices, wiring and embedded equipment. This build-up will allow the constitution of a European center of excellence in the field of aircraft equipment which will generate about EUR 50m turnover, of which 50% from export.
Aurignac has completed the 4th transaction in the aerospace and defense sectors over the past 18 months strengthening the Aurignac Finance’s expertise in these fields. The good knowledge of the aerospace and defense value chains and its players in France and around the world that Aurignac has accumulated for years has clearly contributed to the success of the process. Several identified potential bidders expressed strong interest for SECA Automatismes, among which was Alkan Group. The latter was quickly recognized as a relevant candidate, both on the industrial aspect with a high level of complementarity and on numerous commercial synergies between the two companies