The French Industrial Group Satys buys Kelox a leader in galley systems for railway

On May 24th 2018 Satys bought the Spanish company Kelox which was founded in 1959 with locations in Madrid and Pennsylvania (USA).

Kelox is specialized in rail equipment through the design and supply of galley systems and the provision of related services to builders of rolling stock and railway operators worldwide. Main core business activities are refrigerated systems, stainless steel equipment and interior developments by carrying out turn-key projects.

In Madrid, Kelox has a design and engineering office, a 2000 m2 factory and a test laboratory with Iris and EN 15085 certifications.

Among its main customers are Alstom (the company recently chosen by Alstom for the Amtrak project, high speed trains in North America), Hitachi, Siemens, Talgo.

Kelox will strengthen and complete the Satys Interiors Railway division (formerly SMTC).

Luis Azorín, Managing Director of Kelox “Kelox is very happy to integrate a group as ambitious as Satys which will allow the company to continue to develop in the rail market. This integration couldn’t have been possible without the satisfaction and support of our customers as well as the expertise and know-how of our teams. ”

Christophe Jenny, Managing Director of Satys Interiors Railway “We are pleased to integrate Kelox into our group. This acquisition will allow Satys to offer a wider range of products and relevant skills.”

Aircraft Interiors Expo 2018

At the Aircraft Interiors Expo 2018 (AIX) in Hamburg we presented our new identity and our now booth.

Our Business Unit, Satys Interiors, was able to show some tailor-made solutions to VIP and Airlines.

Managing directors with the EASA part 21J certification

Finaero obtains its EASA Part 21J for its interiors division, AIP.

Finaero pursues its development and announces at the Paris Air Show the attribution for its interiors branch, AIP, of EASA’s PART 21J certification.

The interiors branch AIP will now be able to certify its own designs through its recent PART 21J (EASA.21J.561) certification, in addition to its already existing PART 21G (FR.21G.0065) and PART 145 (FR.145.546).

This qualification will enable Finaero to offer its customers an even broader array of interior design services supported by its Roissy Charles de Gaulle design, certification and product office.

We are proud of this accomplishment which rewards our team’s efforts, organization and know-how”, stated Jon Oruezabala, Managing Director of AIP. This new step is in line with Finaero’s already important development plan to diversify its service offering for its customers. Successful milestones these past months for the group also included:

  • Painting & Sealing division, STTS, in order to improve the quality and efficiency of its services, has organized its offering into five worldwide divisions. Three new paint hangars (60m€ investment) are now up and running in Toulouse. The company has equally launched operations in the US, in Portland, Washington State, as well as the construction of a new A380 & VIP paint hangar at the new Dubai South airport.
  • Interiors division, AIP, also recently announced the acquisition of SMTC, the French train interiors specialist, to further extend the group’s aviation interior’s service-offering to the railway sector as well as significantly reinforcing the branch’s production capacities to better serve the aircraft interiors market.
  • Electric division, CIEE, has shown very good progress over the first six months of the 2017 exercise. CIEE is to extend its factory in Thailand which manufactures cables and wire assemblies. The branch is also due to set up operations in the US.

Delivering diversity & quality on-time to our customers remains our number one priority. In order to do so our group has started undergoing a global transformation project underlined by the slogan: 1 group, 1 vision, 1 partner” said Christophe Cador.

Satys pursues its development in cabin interiors and acquires SMTC

Finaero pursues its development in cabin interiors and acquires SMTC, a leading original equipment manufacturer of train interiors.

Finaero acquired SMTC, the French train interiors specialist, on May 11th. The objective is to maximize synergies between SMTC and Finaero both in terms of accompanying developments in the rail industry worldwide as well as on know-how and expertise in the aviation industry. SMTC benefited from a 23m€ turnover in 2016 and counts 150 employees on its site in Boufféré (Vendée, France).

SMTC will as a result join AIP, the interiors branch of Finaero, specialized in the aviation industry and dedicated to manufacturing tailor-made and small series aircraft interiors. This new acquisition will further extend the group’s service-offering as well as significantly reinforce the branch’s production capacities to better serve the aircraft interiors market.

Furthermore, the other “business lines” of Finaero group undertook major projects over the past year:

  • STTS (painting and sealing for the aircraft and rail industries), in order to improve the quality and efficiency of its services, has organized its offering into five worldwide divisions. Three new paint hangars (60m€ investment) are now up and running in Toulouse. The company has equally launched operations in the US, in Portland, which are equally very successful. Finally, STTS launched the construction of a new A380 & VIP paint hangar at the new Dubai South airport.
  • CIEE (electrical systems) has shown very good progress over the first six months of the 2017 exercise. CIEE is to extend its factory in Thailand which manufactures cables and wire assemblies. The branch is also due to set up operations in the US.

Our main objective remains the same, to deliver quality programs on-time” Christophe Cador, President.