Two players in global industrial simulation, CORYS SAS (a common subsidiary of AREVA NP and EDF) and RSI (a subsidiary of IFP Training) have merged companies. The companies became part of the same group on July 10 with the full organizational merger expected to be completed by the end of the year. The headquarters of the combined organization, which will take the name of CORYS SAS, will be in Grenoble, France, where both companies are based. Current CORYS CEO, Ralf Gathmann, will be CEO of the combined company, while the current CEO of RSI, Philippe Vacher, will become chief strategy officer. Through the merger, CORYS reportedly becomes “the largest and most diverse provider of high fidelity, industrial-grade simulation,” according to the company, with 350 employees worldwide.
The combined company will be owned 50% by AREVA NP, 25% by EDF and 25% by IFP Training, IFP Energies Nouvelles group.
For more information, visit: www.CORYS.fr
