The international engineering group Assystem has entered into a new partnership with the French investment firm Ardian Capital.

The international engineering group Assystem has entered into a new partnership with the French investment firm Ardian Capital to further develop its engineering products activity and services post-development.

Under the signed agreement, Ardian will receive 60% of the Global Product Solutions (GPS) division with Assystem retaining 40%.

This agreement aims to:

•             Increase the company’s market position, expanding GPS’  geographical and sectorial reach

•             Allow GPS to remain one of the main parties involved in ongoing consolidation of the R&D  outsourcing market

•             Provide greater ability to expand its holdings further

•             Offer opportunity to better respond to expectations of the industry / industrial clients

Continually innovating and working on ground-breaking projects, engineers within the GPS division operate across the aerospace, defence and automotive sectors to assist large original equipment manufacturers (OEMs) across their product lifecycles. This ranges from initial R&D and concept studies to the implementation of manufacturing processes and providing in-service support such as lifecycle cost optimisation.