Actia Group announces that it has entered into exclusive discussions with Diadem, parent company of Steel Electronique, to study the terms of their merger, a transaction which remains subject to negotiation.

This merger would enable Actia to create a benchmark industrial group as a supplier of embedded electronics, essentially as a Tier 2 supplier to the aerospace and telecommunications industries.

The industrial group dedicated to these businesses would represent annual sales of almost 70 million euros, would have a team of around 250 employees, and would aim for strong sales growth over the next five years.

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