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PRESENTATION OF THE GROUP

1

HISTORY

1.1

HISTORY

FROM 1966 TO 1995, THE NUCLEAR YEARS

The Assystem Group’s history began in 1966 with the creation in France

of the Atem company, by a team of nuclear engineers and technicians

specialising in the commissioning of industrial units. Its development

was supported by the major nuclear equipment programme decided

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 for sectors such as automotive, steel,

space and defence.

In 1989, along with Cogema, Atem created the Alphatem company,

dedicated at the start to the testing and commissioning of Cogema’s

investments (in the Hague for irradiated fuel reprocessing and in the

Gard for the Melox factory that produces MOX fuel assemblies).

In 1994, Atem and Alphatem merged to create the company Assystem,

which went public in the Second Market in Paris in 1995.

FROM 1996 TO 2003, THE DIVERSIFICATION

OF BUSINESSES

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: the Company diversified into product

design and development for the aeronautics and automotive sectors

(acquisition of Studia in France), whilst retaining its skills and specificity

in the nuclear sector.

FROM 2003 TO 2015, INTERNATIONAL

DEVELOPMENT

In 2003, the merger with Brime Technologies allowed Assystem to

penetrate the new technologies sector and opened the door to the

internationalisation of its activities.

Several significant acquisitions transformed the Group and allowed it

to expand its customer portfolio. The Inbis Ltd company in the United

Kingdom (industrial engineering group working for the aeronautics,

automotive and nuclear industries), then SKI and Atena in Germany

were acquired in 2004 and 2005.

In 2008, Assystem’s installation in India was consolidated by the

creation of Silver Atena, bringing together Silver Software (India), a

company specialising in embedded safety critical systems, and Atena

(Germany).

In 2010, Assystem joined forces with the British 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 the Oil & Gas and Industry in the Middle East and Africa).

The Middle East presence was strengthened in January 2015 with

the acquisition of the Radicon entity, an engineering company of

400 people based in Al Khobar and Riyad, Saudi Arabia. This

acquisition enabled Assystem to double its presence in the Arabic Gulf

region and gain market share in the infrastructure, energy and transport

sectors. The General Management offices for its Energy & Infrastructure

division have been based in Dubai since September 2013.

8

ASSYSTEM

FINANCIAL REPORT

2015