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Strategic partnership agreement with Nexteam Group

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Prodways announces the signing of a strategic partnership agreement for its Aerospace division with Nexteam Group

 

Following the launch of its Aerospace division in late November, offering a full range of additive manufacturing products for the aerospace sector, PRODWAYS GROUP announced today the signing of a major partnership agreement with NEXTEAM GROUP.

 

NEXTEAM GROUP, based in Marmande (France), is a key player in the machining of complex and hard metal parts for the aerospace market, with operations in France, Poland and Romania and revenue of €130 million in 2015. As a leading supplier, the group boasts unique expertise in the design, manufacture, assembly and maintenance of both large and small precision mechanical parts in all types of metal alloys meeting the demands of the aerospace sector.

 

PRODWAYS GROUP has 20 years’ experience in the manufacture of parts for the aerospace industry using additive manufacturing, through its INITIAL subsidiary, and has a fleet of around 10 machines covering all metal additive manufacturing technologies.

 

PRODWAYS GROUP and NEXTEAM GROUP thus chose to join forces to develop a mass produced on-board metal parts additive manufacturing business for the aerospace sector.

 

Philippe Laude, Deputy Managing Director of Prodways Group, stressed the strategic importance of this partnership, which “reflects Prodways’ aim to become the leader in the design and production of mechanical aerospace parts using 3D printing. This partnership with NEXTEAM GROUP, which will provide its expertise in the areas of machining and finalization, will ensure that we can scale up our manufacturing processes to an industrial level that meets the technical requirements of the major players in the aerospace market.”

 

For Ludovic Asquini, Chairman of NEXTEAM Group: “With this agreement, we are adding a new skill that will enable us to offer our customers an integrated range of products and robust optimization solutions, backed by a leading player in the sector, an expert in all metal additive manufacturing technologies.”

 

This partnership will lead very soon to the creation of a joint company, called PRODWAYS-NEXTEAM. Prodways considers the aerospace market to be a priority market, in which it is already well positioned, counting more than 10 major players in the sector among its customers. This partnership will allow Prodways to propose an exceptional level of collaboration to its customers in order to achieve the quality and productivity standards demanded by the aerospace industry and thereby fulfill the Group’s very strong ambition in this sector.