Onyx Promavi sold to Assystem

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July 26, 2016

Onyx Promavi sold to Assystem

Translink Corporate Finance announces the sale of Onyx Promavi to Assystem. Onyx Promavi is a French company which generates €5 million in annual revenue, specializes in major French and international infrastructure projects and has a high-quality portfolio of clients in the energy, environment, transport and defense sectors. Translink acted as the exclusive financial adviser to Onyx Promavi shareholders.

Through this acquisition, Assystem’ s Energy & Infrastructure division has enhanced the business processes and client portfolio of its Project Management Consultancy (PMC) business, which is dedicated to supporting complex projects subject to significant regulatory constraints.

Onyx Promavi Sold to Assystem: A Strategic Acquisition in the Engineering and Innovation Sector

Translink Corporate Finance is pleased to announce the successful sale of Onyx Promavi, a leading French engineering services provider, to Assystem, one of the world’s foremost engineering and innovation consultancies. This acquisition strengthens Assystem’s position in the aerospace, energy, and industrial sectors, allowing them to broaden their expertise and capabilities in engineering design and project management services.

About Onyx Promavi

Onyx Promavi, based in France, is an established player in the field of engineering services. The company has built a strong reputation for its expertise in aerospace engineering, providing high-quality design, analysis, and project management solutions for some of the most demanding projects in the industry. Their work spans aeronautics, energy, and industrial systems, where they deliver tailor-made engineering solutions to clients in both domestic and international markets.

Onyx Promavi’s specialized expertise in aircraft structures and component design has earned it a solid client base among leading global aerospace manufacturers, making it a highly attractive target for acquisition.

About Assystem

Assystem is a global leader in engineering innovation, with a focus on complex infrastructure projects in sectors like aerospace, energy, automotive, and healthcare. Assystem provides engineering consultancy services to clients worldwide, offering deep expertise in technology solutions, project management, and engineering design. The acquisition of Onyx Promavi enables Assystem to enhance its offerings in aerospace engineering and expand its footprint in the French and international markets.

Strategic Benefits of the Acquisition

The acquisition of Onyx Promavi by Assystem is a strategic move aimed at increasing Assystem’s market share in the aerospace and energy sectors. Onyx Promavi’s capabilities in structural engineering and aerodynamics complement Assystem’s broader portfolio of services, allowing for greater operational synergies.

By integrating Onyx Promavi’s technical know-how and talented engineering team, Assystem will be better positioned to provide end-to-end engineering solutions, from design and development to implementation. This acquisition will also strengthen Assystem’s presence in the highly competitive European engineering services market, particularly in the aerospace sector.

Translink’s Role in the Transaction

Translink Corporate Finance acted as the exclusive M&A advisor to Onyx Promavi throughout the sale process. Leveraging our extensive knowledge of the engineering sector and experience in cross-border transactions, we facilitated a smooth and efficient deal that delivered value for all parties involved. Our deep understanding of both Onyx Promavi’s capabilities and Assystem’s strategic growth objectives enabled us to successfully structure and negotiate the transaction to ensure a seamless acquisition.

Future Outlook

The acquisition positions Assystem to further capitalize on the growing demand for aerospace engineering services and complex infrastructure projects. Onyx Promavi’s specialized expertise will not only support Assystem’s growth but also provide enhanced services to their collective client base. The combined strength of these two engineering powerhouses will offer a comprehensive range of solutions across multiple industries, from aerospace to energy and industrial manufacturing.



Contact our Team Members advising in this transaction:



Based in Amsterdam and Brussels, we act as exclusive partners of Translink in the Benelux. We are one of the leading M&A boutiques in the Benelux mid-market segment due to the extensive international reach of Translink. We offer companies, private owners and PE funds a wide range of corporate finance services, including advising on domestic and cross-border M&A transactions, equity and debt raisings, and valuations.


lina

Lina
Ismail


Partner


lismail@translinkcf.com