Selha Group

What Selha Group does

Selha Group is a French private electronic manufacturing services (EMS) group headquartered in Renazé, France, operating four French production sites and one Moroccan site with approximately 1,100 employees and €160M in disclosed annual turnover. The company operates across six primary verticals — aerospace, defense, telecommunications, energy, medical, and industry — with selective focus on regulated and harsh-environment applications requiring high-reliability electronics (IPC Class III, EN 9100, Nadcap, ISO 13485). Its core offering covers the full product lifecycle: electronic and RF/microwave design, industrialization using a DFX (Design for Excellence) methodology, SMT and through-hole assembly, custom functional test bench development, in-house failure analysis laboratory services, and maintenance/repair/obsolescence management. Customer engagement is direct enterprise sales targeting defense primes, aerospace OEMs, telecom operators, medical device companies, and energy infrastructure operators across France and broader Europe.

Revenue is generated through three streams: contract-based EMS (design, prototyping, serial production, testing of electronic boards, sub-assemblies, cables, harnesses, and finished products); maintenance/repair/obsolescence services supporting in-service equipment lifecycles; and proprietary branded hardware under the ASTRE sub-brand (AstreKa satellite communication terminals operating in Ka/Ku/L bands and Astre5G network aggregation solutions). Go-to-market is direct enterprise field sales with long-tail program relationships rather than transactional volume. The group also operates Tech-up Corner, an industrial accelerator supporting 18 startups since 2022, and Tech-up Academy, a Qualiopi-certified vocational training school, both functioning as adjacent operating subsidiaries that feed talent pipelines and future customer relationships into the core EMS business. Ownership remains 100% independent family-held, with Jean-Bernard Buisson as President and Lise Theil as HR Director; no external institutional capital or public listing is indicated.

Name

Selha Group

Legal name

Selha

Website

https://selhagroup.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Selha Group is a French electronic manufacturing services provider serving aerospace, defense, telecom, energy, medical, and industrial clients with 1,100 employees across five France-Morocco sites, offering design-through-production capabilities and proprietary ASTRE telecom hardware.

Ownership category

akta.pro rank

Headquarters

HQ city

Renazé

HQ country

France

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Electronic Manufacturing Services (EMS): Design, industrialization, and manufacturing of electronic products for high-tech industries. Revenue generated through production contracts for electronic boards, sub-assemblies, and complete systems. Services include engineering support, prototyping, mass production, and testing.
2. Maintenance and Repair Operations (MRO): After-sales support including diagnostics, repair, obsolescence management, retrofit, reengineering, and refurbishing of electronic equipment to extend product lifecycle.
3. Proprietary telecom products (ASTRE): Development and sale of proprietary telecom product range including AstreKa (satellite communication terminal) and Astre5G (network aggregation solution)

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Selha Group is a France-Morocco industrial group providing electronic manufacturing services (EMS) covering the full product lifecycle: design and development, industrialization, fabrication (SMT/THT assembly), test and reliability validation, and after-sales repair and maintenance. It manufactures electronic boards (PCBA), sub-assemblies, cables and harnesses, and finished integrated products for demanding sectors. The group also develops and sells its own proprietary telecom product range under the ASTRE brand, including AstreKa satellite communication terminals and Astre5G network aggregation solutions.

Product overview

Selha Group is an industrial group specializing in electronic manufacturing services (EMS) for high-tech sectors including aerospace, defense, telecommunications, energy, medical, and industry. The company operates a multi-site organization in France and Morocco with five complementary sites. The core offering is the Solutions électroniques (EMS) providing complete support from design and industrialization through manufacturing and in-service support. Proprietary products include the ASTRE telecom product line (AstreKa satellite terminals and Astre5G network aggregation). Additional offerings include Tech-up Corner (industrial accelerator for startups) and Tech-up Academy (electronics training school). The product portfolio covers electronic boards (PCBA), sub-assemblies, cables and harnesses, finished products, test equipment, and custom test benches, supported by design, industrialization, and maintenance services.

Differentiator

Problem solved

Functional benefit

Brands

• ASTRE: Proprietary telecom product range including AstreKa (satellite communication terminal operating in Ka, Ku, and L bands) and Astre5G (network aggregation solution for reliable connectivity in remote or mobile environments).
• Tech-up Corner
• Tech-up Academy

Products and services

• Electronic Manufacturing Services (EMS) Complete electronic manufacturing services covering design, industrialization, fabrication, testing and reliability validation, and repair/maintenance for electronic products. Supports the full product lifecycle from early design stages through architecture definition, prototyping, series production, and in-service support. Targeted at high-tech enterprises in aerospace, defense, telecom, energy, medical, and industrial sectors.
• ASTRE Telecom Products Proprietary telecom product range including AstreKa satellite communication terminals and Astre5G network aggregation solutions designed for demanding telecom environments. Sold to telecom operators and integrators requiring reliable connectivity in remote, mobile, or harsh conditions.
• Electronic Boards (PCBA) Assembled printed circuit boards manufactured using SMT (Surface Mount Technology) and THT (Through-hole Technology) processes. Produced for demanding environments in aerospace, defense, telecom, energy, medical, and industrial applications. IPC Class III certified manufacturing.
• Electronic Sub-assemblies Integrated electronic modules and sub-assemblies ready for final product integration. Produced for high-reliability applications across aerospace, defense, medical, and industrial markets.
• Cables and Wire Harnesses

Quantifiable outcome

• -39% greenhouse gas emissions since 2015
• +4 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature7 records

Partnerships

14 partnerships are on record, tiered minor and core.

• HyperionminorStrategic or Co-development Partner · 1 January 2023Partnership for sustainable data center equipment development, creating electronic solutions optimizing control and energy efficiency.
• Tech-up Corner Startup PartnerscoreStrategic or Co-development Partner · 1 January 202218 startup partners supported through industrial accelerator including Arterya, Look Up Space, Maiaspace, Greenerwave, Bodycap, Univity, Spectronite, Xsun, The Mono Company, Pytheas Navigation, Synthebio, Alrena Tech, FeelObject. Start-ups receive support for product development, prototyping, industrialization, certification and production launch using Selha Group's industrial capabilities.
• NAE (Normandie Aérospatiale)coreStrategic or Co-development PartnerRegional aerospace cluster partnership supporting innovation and development in the aerospace sector through collaborative initiatives and knowledge sharing.
• NeopoliacoreStrategic or Co-development PartnerRegional competitive cluster focused on advanced technologies and industrial innovation in Normandy.
• Normandie EnergycoreStrategic or Co-development PartnerRegional energy cluster supporting energy transition and sustainable energy solutions development.
• MinalogiccoreStrategic or Co-development PartnerRegional competitive cluster for digital and microtechnology innovation in Auvergne-Rhône-Alpes.
• Next MoveminorStrategic or Co-development PartnerRegional automotive and mobility cluster focused on innovation in transportation and mobility solutions.
• Normandie IncubationcoreStrategic or Co-development PartnerBusiness incubator supporting startup development and innovation in Normandy region.
• AD NormandieminorStrategic or Co-development PartnerDevelopment agency for Normandy region supporting economic development and business growth.
• UIMMcoreStrategic or Co-development PartnerIndustrial union of metallurgy and mining industries, supporting workforce development and industrial competitiveness.
• French FabcoreStrategic or Co-development PartnerNational movement promoting French industrial excellence and manufacturing innovation.
• ESIGELECminorStrategic or Co-development PartnerEngineering school specializing in electronics and embedded systems, supporting talent development and research collaborations.
• IrseemminorStrategic or Co-development PartnerResearch institute specializing in embedded systems and RF/microwave technologies for industrial applications.
• ESTIminorStrategic or Co-development PartnerEngineering school for electronics and information technology training and research.

Scale indicators12 records

Recent moves9 records

Expansion highlights6 records

Regional players

• Hanza: Swedish-Nordic EMS offering design, manufacturing, and after-sales services with sites primarily in Northern/Eastern Europe. Comparable business model and mid-market positioning to Selha but operates in a different geography.

Direct peers

• Eolane Group: French EMS group specializing in design, industrialization, and production of electronic assemblies for aerospace, defense, medical, and energy. Direct competitor to Selha and former parent of the Valence site acquired by Selha in May 2025.
• Variosystems: Swiss EMS with global sites offering design, manufacturing, and after-sales services for industrial, medical, and aerospace customers. Similar mid-market scale and vertical specialization to Selha.
• All Circuits: French mid-market EMS with sites in France, China, and Tunisia serving automotive, aerospace, industrial, and energy customers. Closely comparable to Selha on vertical mix and global production footprint.
• Lacroix Electronics: France-headquartered mid-market EMS provider serving aerospace, automotive, medical, and industrial customers with design, industrialization, and manufacturing services. Highly comparable to Selha in size, vertical mix, and European footprint.
• Plexus Corp: US-headquartered EMS specializing in regulated, complex products for aerospace/defense, medical, and industrial markets. Closely comparable to Selha on its focus on mid-volume, high-complexity, regulated-industry work.

Broad incumbents

• Scanfil: Nordic-listed global EMS serving industrial, energy, medical, and aerospace customers across Europe, Asia, and North America. Comparable business model and end-market mix, but larger and more geographically diversified than Selha.
• Asteelflash (Foxconn Industrial Internet): France-headquartered EMS, now part of Foxconn, serving aerospace, defense, medical, and industrial customers. Comparable vertical mix, but competes as a much larger incumbent with global capacity.
• Cicor Technologies: Swiss-listed EMS provider with a broader European production footprint (Switzerland, Germany, Romania, UK, Vietnam). Overlaps with Selha on regulated-industry EMS, but operates at a larger scale and with M&A-funded expansion.

Emerging players

• Intrasys: European EMS focused on industrial, medical, and aerospace customers with embedded software and electronics integration. Smaller niche player with overlapping competencies to Selha's design and integration services.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@selhagroup422
• Facebookfacebook.com/selhagroup/?locale=fr_FR
• LinkedInfr.linkedin.com/company/selhagroup
• Xx.com/selhagroup

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Selha Group