Thales (Euronext Paris: HO) completes the acquisition of RUAG Simulation & Coaching, together with its 500 workers and with gross sales value roughly €90 million in 2021.
The consolidation will complement Thales’s footprint within the land market particularly, in the meantime sustaining its field-roven experience in helicopters and army plane options. This acquisition will present a possibility to strengthen native footprint in precedence geographies (France, Switzerland, Germany, and United Kingdom), whereas rising presence in UAE and Australia.
The synergies of Thales and RUAG S&T will create new alternatives to speed up the deployment of subsequent era hybrid options, combining world-class dwell and artificial experience. The initiative, which is pushed by the digitalization of land forces, is totally according to the worldwide evolution towards extra environmentally pleasant options, according to Thales ESG commitments.
With the formal acquisition course of accomplished, the subsequent step will be to provoke the integration of the two firms to create a extra environment friendly enterprise, whereas guaranteeing the continuity of actions and operations for the profit of the armed forces.
Thales, Coaching & Simulation
Thales’ Coaching & Simulation enterprise designs and delivers coaching capabilities for armed forces, civil and authorities helicopter operators worldwide. It additionally acts as an industrial accomplice for the co-development of large-cale methods for protection packages. With 900 workers, the enterprise has industrial websites in France, the UK, Germany and Australia, in addition to joint ventures and coaching websites within the USA, Center East and Europe.
RUAG Simulation & Coaching
Over the yr, the corporate has demonstrated very robust technological competences and an impressive capacity to serve its buyer with excellence. RUAG S&T thus advantages from a strong market popularity, and its portfolio contains important contracts amongst which a number of ones with the Swiss Military. With 500 workers, the corporate began in Switzerland and does now function in Switzerland, France, Germany and the United Arab Emirates.
