Ex-Cooper Standard executive to drive growth in French group

Terrasson-Lavilledieu, France – French rubber engineering group, Delmon Group, has appointed former Cooper Standard executive Sylvain Broux as its CEO and shareholder as part of its strategy to grow.

Broux replaced the former CEO and founder Pierre Delmon in October.

To achieve the €100 million, the company has already secured businesses within the automotive and aerospace industry, which will grow sales to €75 million by 2019, said Broux speaking to ERJ.

The remaining €25 million, he added, will be achieved through to 2023 as the company will increase its footprint and take new businesses within the two sector.

In the aviation sector, said the new CEO, the company has recently developed new products and technologies in the anti-vibration and fire-proof seals for customers such as Safran.

“We now target other customers such as GE, Eurocopter and RollsRoyce,” he added.

The French group, based in Terrasson-Lavilledieu, Dordogne, specialises in rubber-metal, anti-vibration and sealing systems for the automotive, aeronautics, railway and oil & gas industries.

The company employs 430 workers, with subsidiaries in France and Spain and production partners in Romania and China.

According Broux, the group is aiming to convert the partnership in China into a local joint venture business.

"We are localising production in China for our European customers who need the same parts in China," the Delmon boss concluded.