HLD EUROPE ENTERS INTO EXCLUSIVE NEGOTIATIONS WITH IK INVESTMENT PARTNERS TO ACQUIRE EXXELIA
HLD Europe has entered into exclusive negotiations with the investment company IK Investment Partners, to become the majority shareholder of Exxelia, the European leader in the manufacturing of high reliability passive components and electromechanical systems. Exxelia management reinvests alongside ...
Exxelia develops and manufactures complex passive components and electromechanical solutions for niche industrial markets such as aeronautics, space, defense, medical and rail, where product reliability and performance are essential. The group addresses main institutional players, systems and equipment manufacturers. Exxelia offers a complete and custom product range (capacitors, inductors, resistors, filters, position sensors and rotary joints) embedded into a large number of programs: from the Airbus A350 to the Boeing Dreamliner, from the Ariane 6 launcher to satellite constellations (such as Galileo, Oneweb, etc.), from the Rafale to the F-35, from subway coaches to high-speed trains, from MRI medical equipment to defibrillators.
With an expected proforma revenue of around 170 million euros for 2019 and around 2,000 employees, Exxelia is present today in more than 30 countries and operates in Europe and the United States, in Morocco and in Vietnam through its production sites, its design centers as well as its network of sales partners.
Avec l’appui de son nouvel actionnaire, Exxelia pourra intensifier sa démarche d’excellence opérationnelle et d’innovation et poursuivre sa stratégie d’internationalisation avec la pénétration de marchés porteurs tels que l’Inde ou la Chine et accélérer son développement aux Etats-Unis.
With the support of its new shareholder, Exxelia will be able to intensify its operational excellence and innovation efforts, pursue its internationalization strategy with the penetration of high-growth markets such as India or China, and accelerate its development in the United States.
Paul Maisonnier, CEO of Exxelia:
« I am delighted to embark on a new stage of development with our new shareholders, with whom we share the same vision. Together, we aim to strengthen Exxelia’s unique “one-stop-shop” by offering high-reliability custom products combined with a strong capacity for innovation. We will pursue our continuous improvement approach and our internationalization strategy to make Exxelia a world leader in our niche markets. In that regard, HLD's experience in international business development is precious to us. We thank IK Investment Partners for its total support over the past 5 years which has enabled us to set up a solid platform capable of supporting our ambitions for global growth, which we are delighted to continue with HLD ».
Dan Soudry, Partner at IK Investment Partners:
« As shareholders of Exxelia since 2015, we are very pleased to have supported the various stages of transformation and growth of the group, through a deep structuring phase led by the management team and an external growth strategy. This has strengthened the group's presence in the United States, especially with the acquisition of Raf Tabtronics, Deyoung, and Micropen, and diversified its expertise on new product lines ».
Jean-Bernard Lafonta, Founding Partner of HLD Europe and Jean-Hubert Vial, Partner:
« HLD supports successful companies with no restrictions on duration. We believe this specificity was important in the choice of Exxelia’s new shareholder: it is essential to achieve the ambition of growth while considering the long-term nature of Exxelia clients’ programs. We are delighted to be associated with the group's project, whose entrepreneurial culture echoes the entrepreneurial spirit that drives HLD. We are convinced that we can help Exxelia's teams by giving them the means to meet their ambitions ».
Exxelia MIL Wet Tantalum Capacitors M39006/22 now qualified to Level P
Exxelia MIL Wet Tantalum Capacitors M39006/22 now qualified to Level P June 24th, 2019 – Paris, France – Exxelia, a French leading global designer and manufacturer of high-rel passive components and sub-systems dedicated to harsh environments, has received the P-Level qualification approval for its Wet Tantalum Capacitors MIL-PRF-39006/22. Exxelia’s MIL 39006/22 equivalent to CLR79 series is now approved to P-level reliability (0,1% / 1,000 h) for voltage ranges from 6V to 125V with a capacitance value ranging from 1,7µF to 1200µF. Available in T1, T2, T3 and T4 case sizes, these products are housed in a hermetically sealed Tantalum case operating from -55°C to +125°C and are designed to withstand the most stringent environmental constraints. FEATURES: Qualified for voltages up to 125V Provides from 1200µF at 6V to 56µF at 125V Highest Energy Density Unlimited shelf life Available with H vibration and shocks Manufactured in France MIL 39006/22 Level P are now available for order with a 14 weeks lead-time.
EXXELIA, A EUROPEAN SOURCE OF HIGH Q FACTOR DIELECTRIC RESONATORS
Operating frequencies in wireless communications have shifted towards high frequency band and thus frequencies higher than 1 Ghz are now commonly utilized. In addition, the microwave frequency spectrum becoming severely crowded and sub-divided into many different frequency bands, designers are systematically looking for resonators giving them a narrow bandwidth with smaller size. Dielectric resonators are designed to replace resonant cavities in microwave functions such as filters and oscillators. Exxelia Temex, daughter company of Exxelia Group, has developed with support of ESA and CNES, a new high-end dielectric material, E7000 series, designed for high-end filters where high Q factor is requested. E7000 is Ba-Mg-Ta materials based that combines an ultra-high Q factor and the possibility to get all the temperature coefficients upon request. E7000 provides high-performance requested for space use in the frequency range 5 to 32 GHz, and guarantees up to Qxf > 250 000 at 10GHZ. Typical applications: Satellite multiplexing filter devices, radio links for communication systems (LMDS),