Log in to use our free company, program and sector update tracker feature.
 

Front page

STELIA Aerospace takes over Portalliance Engineering and strengthens its position as an innovative Tier1 supplier on the aerostructure market

STELIA Aerospace has just accomplished its first external growth operation, by taking over Portalliance Engineering (PE), an SME founded in 2006 and focused on modelisation and digital simulation of structural calculation. The start-up employs 27 engineers and its revenue for 2017 was 2 million euros.

STELIA Aerospace has been supporting Portalliance Engineering's development for several years, mostly by bringing its aerostructure expertise to the development of innovative tools, enabling a very significative reduction of development cycles while improving the optimisation of complex structures. A strategic partnership based on these innovative digital solutions has been subsequently set up since January 2016. This majority stake acquisition is therefore a logical step and will enable STELIA Aerospace to benefit sustainably from this new technology and strengthen its position on the aerostructures market.

With this purchase, Portalliance Engineering becomes a subsidiary of STELIA Aerospace and will strengthen the latter's position and expertise in the field of modelisation and calculation of structures through finite elements.

Bruce de WITT, CEO of Portalliance, welcomed "the realisation of this partnership, a real recognition of the technological expertise of our start-up. This will enable the company to widen its field of application and therefore serve the interests of the aeronautical market".

Cedric GAUTIER, STELIA Aerospace CEO, said: "In these times of digitalisation, and in order to better address our customers expectances, accelerating our calculation capacity is a business differentiator for STELIA Aerospace and will enable us to achieve shortened development times and lower design costs. Therefore the acquisition of Portalliance Engineering is a great opportunity for STELIA Aerospace, as we invest today for the future of engineering in order to take up the challenges of cost and cycle for our future development".

Press release issued by Stelia Aerospace on November 22, 2018

 

 Contact details from our directory:
Stelia Aerospace Pilot Seats, Aircraft Interiors, Tube Assemblies, Metallic Conduits, Thermoplastics, Fuselage Sections, Nose Cones, Hydraulic Systems & Equipment, Silicone Sealants, Manufacturing Consultants, Anodizing Services, Fuel Tanks & Systems, Aircraft Doors
Portalliance Engineering Computer-aided Simulation

 

 Related directory sectors:
Design Software

Enhanced listings:


Airmo Inc. Pressure Technologies
Airmo manufactures systems and tools for hydrostatic testing, end forming, tube expansion, and high-pressure accessories to 60,000psi (4,137bar).

IHS ESDU
Reduce the time spent on current projects by using ESDU – engineering data and software that has been approved and endorsed by professional institutions.

Co-Operative Industries Aerospace & Defense
Manufacturer of electrical wiring harnesses for aerospace & defense. Onsite certified repair station for overhaul and repair services.

ACB
Metal forming, machining & integration solutions.

Toray Advanced Composites
Toray Advanced Composites is a leading provider of thermoset and thermoplastic prepregs to the aerospace industry.

See our advertising tariff.

 

6
data pages remaining in monthly quota for non-subscribers

© Airframer Limited, operated under licence by Stansted News Limited 2020. Terms & Conditions of reading. Privacy policy