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France’s Nexteam, specializing in the production of assemblies, the machining of complex parts and hard metals for the aerospace and defense industries, announces the opening of its production site in Mohammedia. The launch of production is scheduled for the end of this first semester.
Nothing yet filters out the amount of the investment. The site is the tenth site dedicated to the production of the group, which last December integrated the Group of Moroccan aeronautical and space industries (GIMAS).
The unit, which extends over 2,500 m², will have to accommodate some 80 employees by 2022. Established since the end of 2018, the subsidiary, named Nexteam Group Morocco, will manufacture aluminum and hard metal aeronautical parts on behalf of established customers.
“This new location reflects our desire to always be closer to our customers and to position ourselves as one of the major players in this rapidly growing sector in the region,” says Ludovic Asquini, group president. And to add: “A first contract has already been signed with a major client locally implanted”.
A major player in the world of aeronautics and a top-tier supplier for major customers, Nexteam Group is one of its major customers, like Airbus, Safran, Utas, Dassault, Thales and Liebherr, all present in Morocco.
In addition, the end of 2018 was marked by the birth of Nexteam Group Polska (Poland), a site specializing in the machining of high precision parts, medium and large size (transmissions, structures…). This other subsidiary was born from the merger of two entities (Asquini Polska and Mecafi Polska), whose production sites were grouped together in the city of Lublin in Poland.
The group thus reinforces its international development policy. The stated objective is to achieve “an international dimension and have the best market skills”. With these two new entities, Nexteam Group expects more than 500 million euros in turnover by 2023.
Created in 2015, Nexteam is a key player in the field of precision mechanics. His job is focused on the design, manufacture and support of aircraft and helicopter structures and flight equipment. The group was born from the merger of four family businesses (Asquini MGP, Gentilin, Sofop and MP Sud).
In 2017, the equipment manufacturer achieved a turnover of 150 million euros. In 2018, the turnover would be around 170 million euros. The group has more than 1,500 employees.
