CS Group: finalized the acquisition of HE Space – 01/20/2023 at 10:08


(CercleFinance.com) – CS Group announces that it has finalized the acquisition of 100% of the capital of HE Space, a specialist in space engineering.

HE Space is ranked ESA’s best supplier in the business areas of component engineering, Earth observation, communication and awareness, structures, thermal engineering and environmental testing.

In 2022, the company should achieve a turnover of around 28 ME, up by around 16% compared to 2021, with an EBIT estimated at more than 6%.

The new entity thus formed therefore has nearly 800 employees in the space sector with a turnover of around 90 ME, split 50% in France and 50% in Europe (the Netherlands, Germany, Spain and the United Kingdom). United).

‘This acquisition is in line with the objectives of our Vision 2024 strategic plan, in line with the industrial merger project that we are leading with Sopra Steria.’, declares Eric Blanc-Garin, CEO of CS Group.



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