What CEQUAD does

CEQUAD designs, industrializes, and produces electronic cards and systems for industrial and embedded applications, operating for over 40 years from its headquarters in Jugon Les Lacs, France. The company executes a full electronic product lifecycle spanning feasibility studies, electronic CAO, schematic elaboration, PCB routing with Design For Manufacturing, prototyping, series production (including CMS, laminar, and manual soldering, varnishing, and resin coating), and after-sales support such as firmware updates and retrofits. CEQUAD also delivers custom test solutions (mobile probes, functional benches, burn-in, oven heating) and operates a connected secure systems practice that spans IoT and secure communication.

CEQUAD is a subsidiary within Groupe ZeKat's Mechatronics Division (Pôle Mécatronique), alongside sister entities Azkedia (electronic assemblies), ZK-Systems (wiring and modular containers), ERCOGENER (engineering and connectivity), and Zemco (maintenance and installation). The company sells primarily through direct enterprise field sales to large OEMs in aerospace and defense (Airbus, Thales, Sogitec, Sodern), rail and public transport (Siemens Mobility, Alstom, RATP), industrial automation (Honeywell, Schneider Electric), energy (Engie, Veolia), infrastructure (Vinci, Bollore), and medical devices (Weinmann). CEQUAD is ISO 9001:2015 certified and RoHS compliant, and claims a presence across all continents.

The business operates on a quote-based, project-driven revenue model with no public pricing. Reported metrics include €7M of revenue in 2022, ~420,000 components assembled per day, 30+ international clients, and capital investment claimed at 3x sector average with self-financing capability at 2x sector average. Marketing is conducted primarily through LinkedIn, French industrial ecosystem memberships (FrenchFab, French Tech, Captronic, IEF Aero, SpaceAero, Snese, Village by CA Paris), the Groupe ZeRelance recovery program, and a direct website contact form for project inquiries.

Name

CEQUAD

Legal name

Cequad

Website

https://cequad.fr

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

CEQUAD is a French EMS specialist that designs, industrializes, and produces electronic cards and systems for demanding aerospace, defense, rail, energy, and industrial OEMs. It operates within Groupe ZeKat's Mechatronics Division, serving 30+ international clients across all continents on a project-based model.

Ownership category

akta.pro rank

Product category

Contract Electronics Manufacturing

NAICS

Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418), Bare Printed Circuit Board Manufacturing (334412)

SIC

Printed Circuit Boards (3672), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

PCB Assembly (PCBA/EMS) (HDAHAOAI)

akta.pro secondary industry

Printed Electronics & Advanced Substrates (HDI, IC Substrates, Embedded Components) (HDAHAOAK)

Keywords

• Electronic card manufacturing
• PCB design services
• Embedded systems integration
• Mechatronics engineering
• Contract electronics manufacturing

Headquarters

HQ city

Les Lacs

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electronic Card and System Manufacturing: Design, industrialization, and series production of electronic cards and systems. Revenue generated through project-based work spanning from feasibility studies through design, prototyping, and mass production. Services include custom test solution development and after-sales support.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

CEQUAD designs, industrializes, produces, and integrates custom electronic cards and systems for industrial and embedded applications. The offering spans feasibility studies, electronic CAD and schematic elaboration, PCB routing with Design For Manufacturing, prototype fabrication, series production including soldering and enclosure/cabinet fabrication, custom test solution development, and after-sales services including updates and retrofits. The company delivers these services to demanding sectors such as aerospace, defense, rail, energy, industry, and IoT/communications.

Product overview

CEQUAD is an integrator of electronic and electromechanical solutions in mechatronics, operating as part of Groupe Zekat. For over 40 years, CEQUAD has designed, produced, and integrated high-quality electronic cards and systems. The core offering spans five main service phases: Design (feasibility studies, electronic CAD, schematic elaboration), Industrialization (PCB routing, Design For Manufacturing, supply chain management, process definition including CMS/laminar/manual soldering, varnishing, resin coating, and test equipment), Prototyping (prototype fabrication and product/process qualification), Production (electronic card manufacturing, wire cabling, enclosure and cabinet fabrication), and After-Sales Service (updates and retrofits). The Mechatronics Division includes CEQUAD (electronic card production and integration), Azkedia (production and integration of electronic assemblies), ZK-Systems (wiring and modular containerized solutions), ERCOGENER (engineering and connectivity), and Zemco (maintenance and installation). CEQUAD serves demanding sectors including aerospace, rail, defense, industry, energy, and IoT/communications across all continents.

Differentiator

Problem solved

Functional benefit

Products and services

• Electronic Card Design and Industrialization Complete electronic design services including feasibility studies, electronic CAO (computer-aided design), schematic elaboration, PCB routing, Design For Manufacturing optimization, and supply chain management including component sourcing and obsolescence handling, delivered to industrial clients in aerospace, defense, rail, energy, and other demanding sectors.
• Prototyping and Process Qualification Prototype manufacturing services including product and process qualification, and continuous improvement proposals for electronic products, intended for industrial clients requiring validated pre-series builds.
• Electronic Card Production Series manufacturing of electronic cards including CMS soldering, laminar soldering, manual soldering, varnishing, resin coating, wire cabling, and enclosure and cabinet fabrication for integration into primary or final environments, delivered to enterprise clients in aerospace, defense, rail, industry, and energy with a 420,000 components-per-day capacity.
• Custom Test Solutions and Functional Testing Definition and realization of custom test equipment including mobile probes, in-situ testing, functional benches, burn-in testing, and oven heating/curing processes, tailored per customer specifications for industrial electronics applications.
• After-Sales Service and Maintenance Post-production support including software and firmware updates, and product retrofits for maintaining and upgrading electronic systems over their lifecycle, delivered to enterprise clients with long product lifecycles.
• Mechatronics Systems Integration

Quantifiable outcome

• 420,000 components assembled per day
• +2 more outcomes

Named customers16 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eight partnerships are on record, tiered supporting and core.

• CaptronicsupportingTechnology or IntegrationPartnership through FrenchFab ecosystem. Captronic is a French organization supporting innovation in electronics and embedded systems.
• FrenchFabcoreStrategic or Co-development PartnerMember of FrenchFab, the French industrial network promoting advanced manufacturing and digital industry across France.
• FrenchTechcoreStrategic or Co-development PartnerMember of La French Tech, the national movement driving French tech and digital innovation ecosystem.
• IEF AerosupportingStrategic or Co-development PartnerAerospace industry partner through aerocontact network, supporting recruitment and visibility in the aerospace sector.
• Village by CA ParissupportingGTM or Marketing PartnerMember of the Village by CA Paris incubator network, providing access to innovation ecosystem and business development support.
• SnesesupportingStrategic or Co-development PartnerRegional partner network in Brittany, France, supporting local industrial development and collaboration.
• SpaceAerosupportingStrategic or Co-development PartnerAerospace industry association partner supporting visibility and collaboration in the aerospace sector.
• France RelancesupportingOthersParticipant in the French government economic recovery plan supporting business development and investment.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cofidur: French EMS specialist serving aerospace, defense, rail, and energy markets with design-to-production capabilities — a comparable French mid-cap competing in the same demanding-industrial niche as CEQUAD.
• Actia Group: French-listed electronics specialist serving automotive, rail, aerospace, and energy with design-to-production capabilities — comparable mid-cap French mechatronics/electronics player with similar end-market exposure.
• Lacroix Electronics: French EMS business within the Lacroix Group providing electronic design, PCB assembly, and test services across industrial, automotive, aerospace, and medical markets — closely mirrors CEQUAD's vertical focus and European customer base.
• AllCircuits: French mid-market EMS provider offering design, industrialization, PCB assembly, and series production for demanding industrial, automotive, and aerospace customers — directly comparable business model, scale, and customer profile to CEQUAD.
• Eolane: French EMS company offering electronic design, industrialization, and series production for industrial, energy, rail, defense, and medical customers — overlapping vertical mix and French footprint with CEQUAD.

Broad incumbents

• Sanmina: Global EMS provider serving industrial, aerospace/defense, medical, and energy markets with design, PCBA, and systems integration — broad incumbent counterpart to CEQUAD's mid-cap niche positioning.
• Jabil: Global EMS and design services provider with strong industrial, aerospace, and energy vertical presence — representative large-scale competitor for outsourced electronic assemblies.
• Thales: Global aerospace, defense, and transportation electronics prime contractor and CEQUAD customer; serves the same end markets but at system-integration scale many orders of magnitude larger.
• Flex: Global EMS leader offering design, manufacturing, and supply chain services across industrial, aerospace, and energy — sets the competitive benchmark for scale, automation, and global footprint that CEQUAD operates against.
• Safran Electronics & Defense: Tier-1 aerospace and defense electronics systems integrator — shares CEQUAD's aerospace and mechatronics focus but operates as a broad incumbent with full system-level ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cequad

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

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 CEQUAD