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Where the creation of a Terminal home for taxisWomen are much more likely to appear in My auntOne year after its launch the Google system won 3Among the winners of the call for tenders is no FrenchLukas Bank Crédit Agricole resumed in 2004Today in Europe even if growth returns of 1Clarification of the roles was needed felt internallyNegotiation meetings were held in DecemberAt Pittsburgh Mellon Bank headquarters there is concern forbearance still grew reaching the record level of 74Panhard is ready to participate in the consolidation of the hexagonal land defence industry. The manufacturer of light armoured vehicles controlled by the Cohen family brand today officially his interest in Nexter, number one in the sector, entirely held by the State. "I am candidate to play a role in the necessary restructuring of the industry of French land defence, and in particular that of armour, based on Panhard," announces the "Echos" Christian Mons, the CEO and minority shareholder in the group.
The pattern of Panhard already opened its projects to the Ministry of defence. Nothing is still engaged. But a plausible scenario is already apparent. As a first step, Panhard could take the majority of the ex-Giat Industries, by funding the operation by the loan. A law of denationalisation is necessary for this, and this French stage might more easily pass in Parliament as an assignment to a foreign industrial. The new group could then be associated with an international partner, through the creation of one or several joint ventures, for example.
Critical size
Such reconciliation would have all of the "David swallowing Goliath." In 2009, the turnover of Panhard should indeed be stable around EUR 100 million, Nexter 580 million in 2008. The two companies are beneficiaries. The operation would allow Panhard to achieve the critical size he is actively seeking. For several months, the Group and started seeking a foreign partner to ensure its sustainability in the long term. Do they fold not on Nexter or found him
In 2008, one of the subsidiaries of Volvo trucks, Renault Trucks, had already said he ready to resume simultaneously Nexter and Panhard. Not feeling a very strong commitment of the Swedish constructor to support adventure, the Ministry of defence did not suite. The Panhard service offering face the same fate Not sure, because since then, the context has changed. "This can be serious, even if there is no urgency," estimated in the Directorate General for armaments (DGA).
The future of Nexter is part of these sea snakes which resurface periodically. After a severe restructuring, the company is doing well, with its catalog two promising products export: armoured vehicle and infantry combat, and Cannon Caesar. These products now, the future of the offices of the group depends on its ability to participate in some of the great future programs of the army: digitization of the battlespace (Scorpion), replacement of the VAB, and AMX10-RC tanks Assegai.
Long, Paris, on dream Nexter of a Franco-German alliance to cope with global competition. Except that the bilateral track is difficult to hang across the Rhine. "This brings us to rest the question of giving consolidation", it recognizes in the Ministry of defence.
The problem is that the recent statements of the pattern of Thales have strongly limited the scope of the possible. When it presented its plan of reorganization, December 11, Luc Vigneron indeed clearly indicated that the Nexter folder was not the order of the day. Probably because its Board of directors found that it was more urgent to do: give accounts of aplomb and discuss possible exchanges of assets with saffron, which are much more strategic.
Lack of an alternative to the Thales runway, Christian Mons proposal therefore met with attentive on the part of the DGA.
