Exxelia brand celebrates its 10-year anniversary!

Exxelia celebrates the 10-year anniversary of its brand by confirming its market growth


Exxelia brand celebrates its 10-year anniversary!  @Exxelia #poweringperformance #Exxelia10years

Paris, France - August 29th 2019 – Exxelia, a leading global designer and manufacturer of highly engineered passive components and electromechanical solutions, celebrates the 10-year anniversary of its brand by confirming its market growth.

The group Exxelia was born from the merge of five long-established companies with complementary activities and know-how (Eurofarad, Firadec, Sic Safco, Microspire and Astema). Today, Exxelia counts thirteen manufacturing sites located in France, the United States, Vietnam and Morocco.

Embedded into the most advanced commercial aircrafts, the latest generation of fighter jets, onboard the most prestigious space exploration missions such as ChangE4 and Insight, Exxelia products have always been the trusted choice where the environment is harsh and reliability a must.

Paul Maisonnier, CEO of Exxelia says: “Over the past 10 years, Exxelia has double its revenue thanks to organic growth and strategic acquisitions. We are proud to be recognized as a leading designer and manufacturer of standard and custom solutions with a worldwide reputation for performance and quality.”

Looking ahead, Exxelia focuses on expanding its international presence to become the pure player world leader of complex passive components for high reliability applications.

To see Exxelia’s latest success stories, visit https://www.linkedin.com/company/

#poweringperformance

Published on 29 Aug 2019 by Rebecca Charles

Exxelia acquires Deyoung MFG., INC.

“The DMI acquisition directly supports our Magnetics SBU expansion strategy. DMI’s strategic location in the Pacific Northwest aerospace market provides a key geographic location for driving growth and profitability,” said François Vignaud, Exxelia Magnetics’ SBU VP. “DMI is highly regarded for the quality of its products and the operational performance of its organization. DMI products can be found on most major commercial aerospace platforms, supporting in flight power, lighting and entertainment sub-systems.” “We welcome DMI into the Exxelia Group,” said Exxelia USA President Michael Thomas. “During its 40-plus years in business, DMI has built solid customer relationships with a strong brand reputation in the aerospace, medical and other high-reliability magnetics markets. Acquiring DMI creates the potential for both revenue and cost synergies related to cross selling and procurement savings as we leverage Exxelia Group’s broader global supply chain and operational excellence practices to support DMI’s operations.” According to Martin DeYoung, President & CEO of DMI, “We are excited to now be a part of Exxelia’s growth and expanded product offerings. The DeYoung’s recognized a shared business culture driven by a passion for quality and customer loyalty. By joining Exxelia Group we achieve a goal of meeting our strategic growth objectives while protecting our long standing relationships with our key aerospace customers and their contract manufacturers.” “This acquisition addresses our aerospace customers increasing requirements for global manufacturing access and timely support” stated Eric DeYoung, VP of Operations at DMI. “Together, we have global reach with the capability to serve our customers – whatever their size, location, or aerospace industry sector with one of the most comprehensive and competitive groups of design and manufacturing capabilities.”