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PRESENTATION OF THE GROUP
1
HISTORY
1.1
HISTORY
1966 TO 1995: THE NUCLEAR INDUSTRY YEARS
The Assystem Group’s history began in 1966, when a team of nuclear
engineers and technicians in France created Atem, a company
specialised in the commissioning of industrial units. The Group’s business
development was subsequently driven by the major nuclear equipment
programme put in place by the French State after the first oil crisis in
1973.
In the 1980s, Atem began to diversify into project management, mainly
in industrial automation and IT, and working with clients in sectors such
as automotive, steel, space and defence.
In 1989, Atem teamed up with Cogema to form Alphatem, a company
that was dedicated to testing and commissioning equipment and
facilities purchased under Cogema’s capital expenditure programmes
(an irradiated fuel reprocessing plant in the Hague and the Melox plant
in the Gard region of France which produces MOX fuel assemblies).
In 1994, Atem and Alphatem merged to create Assystem, which was
floated on the Paris stock exchange
(Second Marché)
in 1995.
1996 TO 2003: BUSINESS DIVERSIFICATION
From 1996, the end of the investment cycle in the construction of new
industrial facilities (nuclear power stations and reprocessing plants)
in the nuclear industry in France and the rest of the world marked the
start of a new era for Assystem, which diversified into product design
and development for the aeronautics and automotive sectors (with the
acquisition of Studia in France), whilst retaining its specific skills and
expertise in the nuclear sector.
2003 TO 2016: INTERNATIONAL DEVELOPMENT
In 2003, the merger with Brime Technologies allowed Assystem to
penetrate the new technologies sector and opened the way for the
Group to go global.
The Group then carried out several significant acquisitions in 2004 and
2005, which changed its structure and enabled it to expand its client
portfolio: Inbis Ltd in the United Kingdom (an industrial engineering
group working in the aeronautics, automotive and nuclear industries)
and SKI and Atena in Germany.
In 2008, Assystem consolidated its presence in India by creating Silver
Atena which brought together Silver Software (a company based in
India specialised in embedded safety-critical systems) and the Germany
company, Atena.
In 2010, Assystem joined forces with the UK engineering company,
Atkins, to create N.triple.a, an engineering company specialising in
the nuclear sector and dedicated to international projects.
In 2011 and 2012, Assystem acquired Berner & Mattner (embedded
systems for the automotive industry in Germany) and the MPH Group
(nuclear engineering in France and staffing of consultants specialising
in Oil & Gas and Industry in the Middle East and Africa).
Since then, Assystem has strengthened its operating presence in the
Middle East through the following:
●
in September 2013 it based the Executive Management Department
for the Energy & Infrastructure division in Dubai;
●
in January 2015 it acquired Radicon – an engineering company with
400 employees based in Al Khobar and Riyad in Saudi Arabia –
which enabled Assystem to double its size in the Arabian Gulf region
and win market share in the infrastructure, energy and transport
sectors;
●
in June 2016 it acquired a 51% interest in the Turkish engineering
company Envy – a well-established player in Turkey’s engineering
services market, operating primarily in the energy and transport
sectors. Envy is involved in two nuclear power station construction
projects: Akkuyu (a Rosatom project) and Sinop (an Atmea project).
Rosatom – which is a leading operator and seller of nuclear power
stations – is a major client for Envy. The acquisition of Envy was
strategically important for Assystem in view of the expansion
opportunities it offers in numerous geographic regions.
In 2016, several strategic partnerships and acquisitions were finalised:
●
Momentum – a joint venture equally-owned by Amec Foster Wheeler,
Assystem Energy & Infrastructure (E&I) and KEPCO E&C) – which
was named construction management-as-agent contractor for
an international project involving the assembly of over a million
components for the world’s largest fusion reactor. Momentum will
play a key role in the international effort to make fusion a viable
source of almost limitless carbon-free energy;
●
the acquisition of the entire capital of Onyx Promavi, a France-
based company specialised in project planning, cost control,
deadline management and risk management for major French and
international infrastructure projects, which has a high-quality portfolio
of clients in the energy, environment, transport and defence sectors.
Through this acquisition, Assystem’s Energy & Infrastructure division
(E&I) 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;
ASSYSTEM
REGISTRATION DOCUMENT
2016
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