TITAN AVIATION taken over by Klubb Group and Yano
Company | TITAN AVIATION |
---|---|
Date | 04.10.2023 |
The Commercial Court of Villefranche-sur-Saône prefered the takeover offer presented by the industrial consortium formed by the French Klubb Group, the European leader in vehicle-mounted aerial platforms, and the Japanese industrial bodybuilder Yano, to the Breton group Armoric Holding. The new entity will be called Titan Aero Group.
Preservation of all jobs achieved
This is fantastic news for all 180 employees, both in France and overseas, as well as for the civilian and military customers. The new shareholders are dedicated to safeguarding all the current activities of the Group, ensuring that the new entity solidifies its position as a leader in the international niche market for civilian and military refuelling equipment.
Continuity in Change
The company will maintain its presence in France with its 2 factories, including its headquarters in Arnas (69) and its secondary offices in Aix-en-Provence (13). It will also affirm its international development, notably through its factory in India. The shareholders have entrusted the presidency of the new entity to Laurent Pourprix, who initiated their collaboration and worked towards the success of the operation.
Numerous synergies have been identified, both operationally and in terms of international development. Innovation will not be overlooked, as decarbonization issues are significant for the consortium’s partners: they plan to collaborate on common electric solutions.
One ambition: to become the Number 1 in Europe
For Julien Bourrellis, the Founding President of Klubb Group, who will hold 60% of the company’s stake, the objective is crystal clear: to make Titan Aero Group the unquestioned leader in low-carbon refuelling in Europe. Simultaneously, the aim is to bolster its presence in significant international markets and solidify its status as a preferred partner for European armed forces. He will have the valuable backing and expertise of the Yano Family Group, an established player in the supply equipment market in Southeast Asia.
About TITAN AVIATION
- French SME – 180 employees (75 in France) – €20 million in revenue (80% export)
- 3 factories : 2 in France and 1 in India
Founded in 1955, Titan Aviation (Part of the Pourprix Group) is an international specialist in refuelling equipment for civilian and military aircrafts.The company has built a reputation for excellence, thanks to its unwavering commitment to quality, reliability, and innovation in the refuelling equipment market.
The group is also known for its exceptional capabilities in operational maintenance through its subsidiaries REDS, specialized in maintenance, and ALL4JET, specialized in component distribution and spare parts.
About KLUBB GROUP
- French medium-size industrial group – 650 employees – €200 million in revenue
- 4 factories in France, 1 in Italy, 1 in England – 48 distributors worldwideKlubb Group is a fast developing French industrial groupe part de and the European leader in the aerial work platforms market, continually increasing its market share worldwide.
Our 650 employees contribute to our success by our ability to design and produce cutting-edge conversions for high technical requirements, strengthening our culture of industrial excellence.
Through our various entities (Klubb Group, Klubb France, Mobitec, Delta Services, Nacelle Assistance and Services, TFC, Egi-Klubb Group, CPL Uk, Mondia Wallonie, Isoli Italia), we offer comprehensive services to our customers, from financing to maintenance.
About YANO SPECIAL PURPOSE VEHICLE
- Japanese medium-size group – 550 employees – €85 million in revenue
- The headquarters and main factory are located in Fukuoka. The group has a production subsidiary named Alan-Yano located in Maibara, as well as a service subsidiary operating throughout the territory.
Yano is a Japanese industrial bodybuilder specializing in refrigerated transport vehicles and refuelling equipment, primarily operating in the Southeast Asian market.
The group is a leader in the large-capacity refrigerated truck segment and a significant player in the Japanese refuelling equipment market.
Contact
170 rue Clément Ader
Zone Industrielle Nord
69400 Arnas - FRANCE
- 33 4 74 02 72 40