Posted on Oct 8, 2020 at 6:52 am
A year after the integration of Opel engineers, the dream has not quite turned out as expected. Aspiring to become the world leader in automotive engineering, Segula Technologies last year took over around 700 employees from the German manufacturer’s R & D center in Russelsheim, Germany, after its takeover by PSA. What, then hoped the leaders of Segula, to double in size within five years thanks in particular to its automotive branch, which represents 55% of its activity.
A year later, under the effect of the COVID-19 pandemic, the engineer was forced to launch a restructuring plan across the Rhine. “We had nevertheless started very strongly”, regrets Franck Vigot, the director of the automotive branch of Segula. “We went very quickly from 15 to 50 customers in Germany, including the country’s large manufacturers. But with the health crisis, many have revised their projects downwards, and today we have to resize our activity. “