Turnover: 50 million EUR (2022)

Country: France

Socomore history

  • Founded in 1972 by Jean Bossuet in Vannes
  • In 1974, Socomore began serving the aerospace industry (now Airbus) in Nantes and Saint Nazaire with its DIESTONE range of solvents for general cleaning of aircraft structural parts prior to assembly, and its range of temporary protection products, which have enabled Socomore to become a significant global player in the sector.
  • At the end of 1998, Socomore expanded into Europe, followed by Asia, Russia, North America to serve Boeing and Bombardier, and South America for Embraer.
  • In 2012, Socomore acquired a new factory and a supply chain designed to serve its customers worldwide and support their development on a long-term basis.
  • In 2020, development of a range of hydroalcoholic gels for surfaces
  • Acquisition of Salveco to offer a range of 100% natural cleaning/disinfecting products
  • In 2022, acquisition ofOLNICA, which provides a complete solution to combat fraud: a unique invisible marker, mobile and online software, handheld readers and expert services

News

Chemical specialist Socomore strengthens its position in the United States 06/09/2023

  • Socomore increased its stake in American Flamemaster from 23% to 75%.
  • Socomore employs 360 people.
  • Flamemaster, with around 40 employees, is a long-standing and recognized player in the American defense market.
  • Flamemaster is Socomore's 14th acquisition, and its 8th in North America.
  • Socomore expects sales of 100 million euros this year.
  • Socomore invests 5 million euros in a new production unit for aeronautical paints
  • Investment of 7 million euros in the production of ultra-clean wipes for the electronics industry.
  • In 1998, Socomore had sales of 3 million euros and 27 employees.
  • Socomore now generates 50% of its business in Europe, 40% in North America, and the remainder in the rest of the world.

New Socomore plants in Morbihan 18/06/2023

  • Total investment program: 12 million euros
    • Amount earmarked for the creation of an aircraft paint manufacturing plant: 5 million euros
    • Amount earmarked for the construction of a second site dedicated to its subsidiary Contec Europe: 7 million euros
  • Sales in 2023: 100 million euros (double that achieved in 2022)
  • Current number of Socomore employees: 450
  • Acquisition of a company in Los Angeles specializing in the manufacture of aeronautical sealants: 50 employees

Studies mentioning this company

> Besoin de plus d'information sur cette entreprise (SWOT, PESTEL, son marché) ? Demandez à SectorGPT (gratuit)

 

Ask Sector-GPT  

Sector-GPT est la première IA dédiée aux informations sectorielles.