CNIM GROUPE Bertin Technologies, a CNIM Group subsidiary, announces the sale of its Multi-physics Modelling and Scientific Computing business line to CT.
Montigny-le-Bretonneux - December 20, 2018 - After the exclusive negotiations that were the subject of the press release of September 21, 2018, Bertin Technologies is selling today its activities in multi-physics modeling and scientific computing to CT.
The business and the teams concerned by this acquisition will benefit from significant development prospects thanks to CT's expertise and growth ambition as well as potential synergies, particularly in commercial and business areas.
With this divesture, the CNIM Group intends to focus on its strategic lines in the fields of Environment and Energy, Defense and Security.
ABOUT BERTIN TECHNOLOGIES
BERTIN TECHNOLOGIES, subsidiary of CNIM Group, relies on its long history of innovation to develop, produce and market innovative systems and equipment worldwide. The company also provides engineering consulting services and is developing its information technology business. With 700 employees, two-thirds of whom are engineers or high- level managers, it achieved €100M in revenues in 2017. The company is active worldwide.www.bertin-technologies.com
A CNIM GROUP COMPANY
Founded in 1856, CNIM is a French equipment manufacturer and industrial contractor operating on a worldwide basis. The Group supplies products and services to major public and private sector organizations, local authorities and national governments in the Environment, Energy, Defense, and High technology markets. Technological innovation is at the core of the equipment and services designed and manufactured by the Group. They contribute to the production of cleaner and more competitive energy, to limiting the environmental impacts of industrial activities, to making sensitive facilities and infrastructures safer and protecting individuals and nation states. CNIM is listed on the Euronext exchange in Paris. It relies on a stable family-based majority shareholding structure committed to its development. The Group employs 2,570 staff and had revenues of €634.9 million in 2017, 51.6% of which was from exports.
ABOUT CT
CT is a European based international engineering company, leader in technological innovation throughout the complete product lifecycle. From product design to manufacturing engineering, technical documentation, product support and R&D projects, CT operates in the aeronautic, space, marine, automotive, railway, energy, industrial plants and architecture sectors. Every day, over 1,800 engineers work side by side with customers in all engineering activities, helping them become more competitive. With 30 years of expertise, CT is a preferred engineering services supplier (E2S) and a preferred provider of manufacturing engineering services strategic supplier (ME3S) to the Airbus Group.
www.thectengineeringgroup.com
Press contact, Gootenberg agency
Laurence Colin /laurence.colin@gootenberg.fr/ Tel. +33 (0)1 43 59 00 46
Frédérique Vigezzi /frederique.vigezzi@gootenberg.fr/ Tel. +33 (0)1 43 59 29 84
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CNIM - Constructions Industrielles de la Méditerranée SA published this content on 20 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 December 2018 19:04:09 UTC
