With this transition, the company will become stronger and will have committed financial partners in order to reinforce its business relationship with its customers and suppliers around the world.
July 8, 2020
Gauder & Co, the owner of the Gauder Group is proud to be the majority shareholder of the French company Setic since June 5, 2020. With this transition, the company will become stronger and will have committed financial partners in order to reinforce its business relationship with its customers and suppliers around the world.
All the activities will remain in the company Setic:
- Setic, the leader in LAN, data and communication cable machinery, specialized in high technology rotating equipment.
- Pourtier, the leader in Milliken, specialized in rotating machines for power cables.
- C2S, the service division for customers such as spare parts, consumables, upgrade, bows for all brands.
It will significantly strengthen Setic, Pourtier and C2S scopes of supplies. Indeed, the situation will improve the company’s ability to provide a high level of customer support. The technical and sales teams will still be based at two places in France (Roanne and Paris suburb).
Despite the COVID-19 crisis, and the market contraction, Setic is involved in serious projects for data, communication and special cables in various areas in the world. In this very difficult period, Setic and Pourtier continued to serve their customers and to deliver orders in USA, Italy, Germany and Russia during the past 3 months and is expecting soon a delivery to China.
The world is recognizing the urgent need in data and communication cables which became ubiquitous for the development of 5G, robotics, connected object and even for new applications that have not been invented yet. Setic is offering technical solutions to support its customers to be ready for their future challenges.