Press release - 12 March 2025
The family-owned UUDS Aero Group, a designer and integrator of high value-added solutions to enhance the passenger experience in the aeronautical industry, announces the acquisition of 100% of Satys Cabin, a specialist in aircraft cabin fitting, from the Satys Group. This transaction will create a leading industrial player in integrated solutions for the passenger experience, in a fast-growing cabin fitting and maintenance market.
A strategic alliance for the fast-growing aircraft cabin market.
The UUDS Aero Group is a private, family-owned French group with an international presence, particularly in the Middle East and Asia. Its offer covers all cabin interior requirements and components, and the entire value chain, from design and certification to the manufacture and maintenance of cabin products. UUDS Aero has also developed a 100-strong design office in Toulouse and Roissy, which is behind a number of cabin innovations. Today, the group generates sales of 60 million euros and employs over 1,200 people at its five sites in Roissy CDG, Toulouse, Dubai and Guangzhou (China), as well as in the USA.
Satys Cabin, a specialist in the design and manufacture of aircraft cabin components, notably composites, posted sales of 28 million euros, and employs 200 people across three sites, Roissy CDG, Toulouse, and Tianjin (China).
For UUDS Aero, the strategic integration of Satys Cabin marks a significant step in the group's growth and development, and is part of a dynamic of perfect synergy between the activities of the two companies. The aim is to capitalize on their respective know-how to offer innovative, competitive solutions that meet the growing needs of the aircraft cabin market.
A shared vision for the future
With this merger, the UUDS Aero group has a unique objective: to become a major industrial player in integrated solutions for the passenger experience, based on design, manufacturing, certification, refurbishment and maintenance capabilities for aircraft cabin equipment on line fit and retrofit programs (total aircraft life). The teams of Satys Cabin - which will be renamed UUDS Cabin - will be integrated with those of UUDS to develop and manufacture new products and solutions, while preserving the values of both companies: Respect, Integrity and professionalism, Social and environmental responsibility, Innovation and development of French industrial heritage.
Gilles Nègre, CEO and founder of Groupe UUDS Aero, comments: "The aeronautical sector is particularly demanding, and the expertise of the Largillière Finance teams played a crucial role in enabling us to complete this transaction with the utmost serenity. We are a global industrial leader in integrated solutions for the passenger cabin experience, and the combination with Satys Cabin, a company recognized for its excellence, marks a new phase in our strategic development, and strengthens our positioning in key markets where innovation, sustainability and quality are fundamental values. Paul Bougnoux and the teams at Largillière Finance have worked alongside us to achieve this success. I would like to thank them for their sound advice, professionalism and unfailing support from start to finish. I am convinced that this French consolidation will pave the way for new opportunities, both for our employees and for our customers."
For Paul Bougnoux, Chairman and founder of Largillière Finance: "We are proud to have supported Gilles Nègre and Julien Ehrhard, whom we know well, in this transaction and its financing. This acquisition is a key element in the development of the UUDS Aero group. It will enable us to increase our industrial capacity to meet strong customer demand in a growing market. Over and above the synergies between the activities of the two entities, the relationship of trust between the management teams was a determining factor in the success of this merger".
Stakeholders in the operation:
Seller: Satys | Christophe Cador |
Buyer: UUDS AERO | Gilles Nègre, Julian Ehrhard et Lionel Levy |
Seller M&A Advisor: Pebblestreet | Christophe Bernardini |
M&A and financing Advisor: Largillière Finance | Paul Bougnoux, Gabriel Hainault, Florian Leginy et Thibault Arnoult |
Seller Business Lawyer: Bignon Lebray | Pierre-Emmanuel Scherrer et Delphine Tagand |
Buyer Business Lawyer: Decker Avocats | Nissa Jazottes et Thomas Marfaing |
VDD: KPMG | Romain De Bisschop et Emma Schantz |
Acq. DD Financial: BGH | Angélique Rebelo |
Senior debt: Crédit Agricole Brie Picardie et Banque Populaire Alsace Lorraine Champagne | |
Debt Lawyer: Bentam | Gautier Chavanet, Antoine de Sevin et Cassandre Vagile |
With offices in Paris, Lyon, Nantes, Brussels and Geneva, Largillière Finance is an independent investment bank dedicated to assisting managers and shareholders of small and medium-sized companies with their capital transactions: company sales and acquisitions, financing (capital and/or debt), financial engineering (valuation, etc.) and financial strategy.