# Nexteam Group and Ventana Group merge to create aerospace leader

Nexteam Group and Ventana Group announced their merger to create a leading industrial player serving the aeronautics, space and defence sectors. The new group combines foundry, mechanical, welding and surface treatment expertise.

- Type: Acquisition
- Announced: 2021-10-06
- Where: France
- Status: announced
- Products: foundry parts, mechanical components, welded assemblies, surface treatments
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Nexteam Group](https://endata.com/companies/24995.md)
- [Nexteam Group](https://endata.com/companies/24995.md) (acquirer)
- [Ventana](https://endata.com/companies/44210.md) (target)

## Sources

- [nexteam-group.com](https://www.nexteam-group.com/en/press-release-en/consolidation-in-the-aeronautics-industry/), 2021-10-07: "This project reflects the aim of the shareholders of both groups to create an independent and responsible technological and industrial leader."
- [janes.com](https://www.janes.com/defence-intelligence-insights/defence-news/industry/parts-makers-nexteam-ventana-to-merge), 2021-10-21: "The merged entity will have 22 production sites, and a presence in seven countries in addition to France."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.