50th anniversary of our Pessac manufacturing site

It is with pride that we celebrated on September 17, 2022, the 50th anniversary of the Exxelia Pessac site.


Our manufacturing site in Pessac is one of the 12 industrial sites of Exxelia. It has approximately 130 employees. “We produce essential but inexpensive parts, but we produce 50 million a year! And we have a year of visibility on our order books", "We produce parts in complex alloys here, but also our own recipes for insulating ceramics", assures Mickaël Pelé, Director of the Exxelia Pessac factory.

This factory was founded in Pessac half a century ago: it is an integral part of the life of the City and the Region, which have actively participated in its development.

Perfectly inserted into the local ecosystem, there are numerous interactions with neighboring institutions, laboratories, universities, schools and businesses.

The Pessac factory was built in 1971 and inaugurated in September 1972. Its creation was initiated by Jean-Claude Asscher, President of the Tekelec-Airtronic group.

Initially dedicated to distribution, the Tekelec-Airtronic group launched into manufacturing under license to then develop and industrialize its own products. Its development followed that of electronics, telecommunications and IT in France and around the world. The group will reach a significant size: in 1992, with 20 companies employing 3,000 people in different countries, its turnover will exceed one billion dollars. The Pessac plant remained associated with the group until the early 2000s.

 

Here is a retrospective of the event in video:

Published on 19 Sep 2022 by Stephane PERES

Exxelia joins Heico Corporation group

The transaction will be carried out with IK Partners, majority shareholder of Exxelia since 2015, and should take place before the end of the first quarter of 2023.   Laurans A. Mendelson, HEICO's Chairman and Chief Executive Officer, along with Victor H. Mendelson, HEICO's Co-President and CEO of its Electronic Technologies Group, commented, "We are ecstatic that such a fine company, with its remarkable team members, management and products, will be part of HEICO, and we look forward to welcoming all of Exxelia's great people to the HEICO family. While furthering HEICO's strategy of expanding our already impressive range of mission-critical and Hi-Rel components for the most demanding applications, Exxelia also provides HEICO with added broad geographic and product diversity, including in the important European market."   Paul Maisonnier, CEO of Exxelia, commented, "We are excited to embark on a new stage of development with HEICO. We really appreciate the values of the Mendelson Family, which match perfectly those of Exxelia. Our goal to develop Exxelia into a world leader in Hi-Rel passive components and sub-systems for harsh environments, serving the aeronautic, defense, space and medical markets will be accelerated under the HEICO umbrella. Together we will strengthen our innovation and operational capabilities and accelerate our internationalisation strategy. We thank IK for their support over the past years, which has enabled us to establish a solid platform to support our ambitions for global growth."   Dan Soudry, Managing Partner at IK Partners and Advisor to the IK VII Fund, and Diki Korniloff, Partner at IK Partners, added: "As shareholders of Exxelia since 2015, we are very pleased to have been able to support its very talented management team through the various stages of transformation, structuring and growth of the Company, doubling its employee base to more than 2,100 people and leading to a strong increase in investment in R&D and in its manufacturing footprint. Notably, we believe that HEICO is an excellent home for Exxelia given that they share common values and we are very pleased HEICO is acquiring Exxelia. We'd like to take this opportunity to wish the team and HEICO all the very best for the future."     About HEICO Corporation HEICO Corporation is engaged primarily in the design, production, servicing and distribution of products and services to certain niche segments of the aviation, defense, space, medical, telecommunications and electronics industries through its Hollywood, Florida-based Flight Support Group and its Miami, Florida-based Electronic Technologies Group. HEICO's customers include a majority of the world's airlines and overhaul shops, as well as numerous defense and space contractors and military agencies worldwide, in addition to medical, telecommunications and electronics equipment manufacturers. For more information about HEICO, please visit website : www.heico.com.