Daher Explained

Daher
Image Alt:One of Daher’s products, the Daher TBM 910
Location:Marseille, France
Founder:Paul Daher
Key People:Patrick Daher
Industry:Aerospace industry
Products:Aircraft, engines, aerostructures, valves, nuclear services, logistical services
Revenue: €1.65 billion (2023)[1]
Num Employees:13,000 (2023)
Homepage:www.daher.com

Daher (also stylized as DAHER) is a French industrial conglomerate. It is operational across the aerospace, defence, nuclear, and automotive industrial sectors in the fields of manufacturing, services, and transport.

It was founded in 1863 as a shipping company based in Marseille, France. Within its first decade of operation, it was taken over by the Daher family, who have held a controlling stake in the company for over 100 years.

During the twenty-first century, Daher has branched into the aviation industry, acquiring both French general aviation manufacturer SOCATA and American aircraft company Quest Aircraft. In addition to manufacturing its own light aircraft range, it is also active as a subcontractor of aerostructures on behalf of several aerospace firms, including Airbus, Boeing, Dassault, and Gulfstream Aerospace.

History

Daher was originally established in 1863 as a shipping company based in Marseille, France, by Alphonse Barban. In 1871, the company was taken over by the Syrian businessman Paul Daher.[2] [3] [4] [5] In 1880, one of the company's ships, the Herald of Morning completed the Marseille – San Francisco crossing in a record-breaking time of 100 days, which was achieved by going around Cape Horn.[6]

In 1887, the company adopted the name Barban & DAHER.[2] In 1920, Paul Daher's son, Gabriel, opened a branch of the firm to handle the charter sector. One year later, the firm operated its first route to the Middle East, supporting the construction of pipelines in the region; accordingly, Daher became a leader in the fast-growing energy market.[2]

Throughout the 1920s and 1930s, it continued to expand its large-scale transport activities. During the 1930s, Daher became a specialist in the transportation of locomotives and railway rolling stock by sea.[2]

In 1972, the Daher group decided to involve itself in France's nuclear power industry,[6] directly contributing to the construction of nuclear power plants via the provision of three 550-tonne cranes.[2]

During the late 1980s, Daher enlarged its presence in the global logistics sector, providing services for manufacturing, distribution and supply.[2] During 1989, Daher began to transport outsize aircraft components on behalf of the multinational Airbus consortium, carrying payloads between Southampton, England and Toulouse, France.[6] [2]

The company took advantage of the end of the Cold War to seek out business in the east.[2] In 1990, Daher participated in the construction of the first nuclear power plant in China built with French technology; the firm was made responsible for delivering all components to the construction site in the Daya Bay. In 1994, the firm was contracted to provide logistics management services for the Omsk Refinery Project in Siberia, Russia.[6] [2]

In 1999, Daher took over the aerospace and defense business L'hotellier Montrichard.[2] Two years later, high-pressure pipe fabricator LaCroix Lucaero was acquired by the Daher Group. In 2003, thermal insulation systems Manutex was also acquired by Daher. That same year, the company secured a major logistics contract with the British engine manufacturer Rolls-Royce Plc to handle its RFID-based logistics system.[2]

In 2007, Daher acquired the nuclear energy logistics company Nuclear Cargo + Services (NCS), based in Hanau, Germany; this purchase marked Daher's first major push into the nuclear sector.[2] Subsequently, the American company Transport Logistics International, Inc. became a part of the Daher group on 1 January 2010.[7]

On 27 June 2008, multinational European Aeronautic Defence and Space (EADS) announced its intention to sell a controlling interest in the general aviation manufacturer EADS Socata to Daher.[8] On 3 November 2008, EADS and Daher announced that they had reached an agreement for Daher to acquire a 70% share of Socata.[9] On 7 January 2009, Daher confirmed its acquisition of a majority 70% stake in SOCATA.[10]

In 2010, Daher launched its operational base in Mexico, establishing a composites manufacturing factory in Nogales. On 7 September 2011, the Daher Group announced that it was undertaking the acquisition of valve and control specialists Vanatome and Verdelet, two key players in the supply of equipment for nuclear power plants.[11] [2]

In 2013, the Daher Group celebrated its 150 years of existence.[2] In November of the same year, the firm announced the acquisition of the aeronautical equipment manufacturer Dyonix.[12] As well as this, in the same year, Daher became a major partner for the Airbus Helicopters H160 rotorcraft, becoming responsible designing and manufacturing the tail boom and distinctive fenestron anti-torque device.[13] By this point, Daher was already an active aero structures suppliers for multiple companies, including Airbus for its A350 XWB airliner, Dassault Aviation's Falcon 5x business jet, and Gulfstream Aerospace's Gulfstream G500/G600 business jet family.

In 2015, Daher underwent considerable management changes. For the first time in the company's history, the firm was no longer directly managed by a member of the Daher family as then-CEO Patrick Daher began to transfer his managerial responsibilities over to Didier Kayat.[14] The firm's ownership remained unchanged however, as the Daher family still held a controlling stake of 80 per cent, while French public investment bank BPI owned the remaining 20 per cent.[14]

In 2016, the company launched the improved TBM 930 turboprop aircraft; that same year, the 800th TBM came off the assembly line.[15] [16] [17] That same year, Daher reinforced its presence in Mexico, opening a logistics base in Queretaro.[18]

In 2017, the aerospace sector was the primary contributor to Daher group's revenue, comprising approximately 80% of its total turnover. The remaining revenue stemmed from its engineering and logistical support services provided to the French nuclear industry. During this period, Daher reported a significant improvement in its on-time delivery performance to Airbus, its largest customer, with the rate increasing from 85% to 99.7%.[19]

In early 2018, the company secured its first contract with the American aerospace company Boeing to supply subassemblies for its 787 airliner. At the time, Daher's managing director, Didier Kayat, stated that it intended to be earning one third of its revenues in the Americas within five years.[20] In June 2019, Daher announced its plan to purchase American general aviation company Quest Aircraft from Japanese firm Setouchi Holdings.[21] During October of the same year, the acquisition of Quest Aircraft was finalized, expanding Daher's North American footprint and merging its sales efforts with the former SOCATA's own.[22]

Business lines

Aircraft manufacturer

Daher's aviation activity includes the design, manufacture and maintenance of the TBM and Kodiak single-engine turboprop aircraft. Daher also offers maintenance, repair and technical support of other aircraft in the same categories.

Aerospace systems & equipment

As an aircraft manufacturer, Daher developed three areas of expertise: metals, composite materials and assembly.

Daher designs and manufactures products for the aerospace market:

Logistics and services

Daher specializes in providing logistics and supply chain services to clients in the aeronautics, automotive, and other industrial sectors.

Notes and References

  1. Web site: Daher accélère sur son plan stratégique « Take Off 2027 » . 7 February 2024.
  2. Web site: History . Daher . 29 March 2020 . 29 March 2020 . https://web.archive.org/web/20200329030453/https://daher.com.pl/en/page/history . dead .
  3. Web site: Merle . Etienne . 2022-07-04 . Au groupe Daher, la souffrance des cadres perdure . 2023-12-07 . www.mediacites.fr . fr-FR.
  4. Web site: 2016-12-14 . Chez Daher, les 550 descendants du fondateur maintiennent le cap . 2023-12-07 . Le Figaro . fr.
  5. Book: Durand . Jean-Dominique . Cent ans de catholicisme social a Lyon et en Rhône-Alpes: la postérité de Rerum novarum . Comte . Bernard . 1992 . Editions de l'Atelier . 978-2-7082-2954-9 . fr.
  6. Web site: History . Daher . 29 March 2020.
  7. Web site: NCS Acquires 90 percent shareholding of TLI . Transport Logistics International, Inc. . January 2010.
  8. Web site: EADS to complete partial Socata sale to Daher within days . https://archive.today/20110604011456/http://www.forbes.com/afxnewslimited/feeds/afx/2008/06/27/afx5160729.html . dead . June 4, 2011 . Forbes / Thomson Financial News . June 2008 . 2 July 2008.
  9. Web site: Final agreement between EADS and the Daher group for Daher to take a majority interest in EADS Socata . EADS . 4 November 2008 . https://web.archive.org/web/20090424075124/http://www.eads.net/1024/en/pressdb/pressdb/EADS/20081103_eads_socata_daher.html. 24 April 2009 . dead.
  10. Web site: DAHER Group Confirms Signature of SOCATA Takeover Deal with EADS . defense-aerospace.com . January 2009 . 2009-01-08 . 2018-08-02 . https://web.archive.org/web/20180802162602/http://www.defense-aerospace.com/cgi-bin/client/modele.pl?prod=101133&session=dae.44058358.1231424959.d00F638AAAEAAB3EqvEAAAA7&modele=release . dead .
  11. News: Daher signe une nouvelle acquisition dans le nucléaire . . 7 September 2011 . fr.
  12. News: fr . . Daher reprend le sous-traitant aéronautique Dyonix . 19 November 2013 .
  13. Web site: Airbus Helicopters targets AW139 with new H160 . Flight International . Dominic . Perry . 3 March 2015.
  14. Web site: Change at the Top as Daher Pushes for the Big Time . AIN Online . Caroline . Bruneau . 14 June 2015.
  15. News: Daher Adds TBM 930 To Turboprop Line . 7 April 2016 . AVweb . 6 April 2016.
  16. News: Update: TBM 930 Now On Display At Sun 'n Fun . 8 April 2016 . AVweb . 7 April 2016.
  17. News: Daher Launches Upgraded TBM 930 . Flying . 29 March 2020.
  18. News: French aero structures manufacturer Daher opens new facility in Queretaro . mexico-now.com . 29 March 2020.
  19. Web site: PARIS: Daher eyes US expansion opportunities . Flight International . Murdo . Morrison . 21 June 2017.
  20. Web site: France's Daher pursues its American Dream with drive to boost aerospace sales . Cyril . Altmeyer . . 24 January 2018.
  21. News: This Idaho plane maker has just been bought by a French company . Sinovic . Steve . 3 July 2019 . Idaho Statesman.
  22. Web site: Daher completes acquisition of Quest Aircraft . Flight International . Kate . Sarsfield . 22 October 2019.