ATG is a market leader in the selection, procurement, testing, certification of electronic components for satellites. Following on from its creation of a Natural Resources business unit, TÜV NORD now has a further field of activity that sets it off from its competitors in the market: the Aviation/Aerospace sector.
“This is a great success for our Group, and I congratulate all concerned,” says Dr Guido Rettig, CEO of TÜV NORD Group. “I took a look at ATG in Spain last year, and talked to a lot of people. I was very impressed by the competence of the management and staff, and by the company’s innovations in satellite technology. ATG fits into our group very well. It is active in our core business areas of testing, inspection, certification, education and training, and that with a high standard of quality. We will concentrate the management of all TÜV NORD’s activities in Spain directly in Madrid in future.”
ATG employs some 200 people at its locations in Madrid, Seville, Toulouse and Rome. Its revenue in the 2010/2011 business year amounts to some €60 million.
As a result, our customers now include national space agencies, the satellite-building industry, and their suppliers in Japan, China, India, Brazil and Argentina.
ATG is also involved in European Space Agency (ESA) satellite projects. At the Toulouse location in the south of France, ATG works for Airbus and Airbus suppliers.
“There are millions of people who rely on the satellite navigation systems in their cars,” says Volker Klosowski of the TÜV NORD Group Board of Management. “Satellite technology will help us to cope with the rapidly increasing traffic on our roads, railways and waterways and in the air. Safe and reliable components are a decisive factor in this, so it is a market with a global future. We have been working closely together with ATG for the past three years already. As in other cases in the past, we will be implementing this merger in a spirit of partnership. I am certain that both sides will benefit.”
An integration project under the motto “Cleared for takeoff” is being launched this week.
“This acquisition also represents the implementation of some of the Group’s important strategic objectives,” says Dr Guido Rettig. “We are successfully continuing to pursue our programme of investment in international mergers and acquisitions (M&A), and in doing so are opening wide the door to the establishment of an “Aerospace” business unit. This is a further field of activity that sets TÜV NORD Group off from its competitors on the market.”
