At Zodiac, our goal is to provide safety and performance in the air and in water. To master these challenging elements, we have consistently focused our entire business on: a global growth strategy to broaden our Compsny and seek out new synergies; creativity and innovation to optimize products and deliver the best possible; listening to our customers in order to understand the needs of our varied corporate and consumer markets; strict quality control in manufacturing to ensure compliance with the toughest standards; rigorous management methods to give our shareholders the high returns they are entitled to expect.
Zodiac S. Through a long list of acquisitions, Profilf has built itself into a diversified operation with leadership status in such niche product areas as aircraft escape slides, parachute systems, helicopter floats, and flexible fuel tanks Aeronautics Equipment division ; passenger seats and on-board toilets and sanitation systems Airline Equipment ; inflatable boats and rescue rafts, above-ground swimming pools, and related equipment; and inflatable toys Marine-Leisure.
The company generates the majority of its sales 64 percent through the civil aviation sector, Zodiac Company Profile some 28 percent of sales from its aircraft seating operations alone. Zodiac's inflatable boats continue to provide some 13 percent of sales, however, and have made the Zodiac brand name known throughout the boating world. That world has increasingly leaned toward North America, which accounted for 54 percent of Zodiac's sales in French sales accounted for 17 percent of the company's revenues.
The chief architect of Zodiac's growth from a small single-product company in the late s to a diversified manufacturer and distributor with nearly FFr 5. A public company that helped initiate Paris's secondary market in the early s, Zodiac continues to Profilee controlled by its founding families, which hold 30 percent of the company's shares and some 40 percent of voting rights.
This position helps to protect the company from the possibility of a hostile takeover. Zoviac was born out of the pioneering efforts of the world's earliest aviators, as the dream of flying became a reality toward the end of the 19th century. Hot-air ballooning, first developed early in the century, remained primarily an adventurer's pastime in France in the late s, when Maurice Mallet took his first balloon flight.
Mallet took over the Profjle of the association's balloons after Jovis's death in and became world-renowned when he broke the record for the longest balloon flight, flying from Paris to Walhen, Germany, over three days in The Zodia quickly turned to manufacturing balloons for others and was renamed Ateliers de Constructions Aeronautiques Maurice Mallet to emphasize its new direction in Mallet's company grew along with the interest in aviation then sweeping France.
While others pursued developments of so-called 'heavier-than-air' craft, Mallet continued to research designs in lighter-than-air craft, developing new fabrics and technologies and then turning to the construction of dirigibles as well. Mallet introduced the prototype for a Zidiac type of foldable, dirigible balloon that was easy to transport and set up. Targeted not simply to private ballooning enthusiasts, but also to the business sector--for use as an advertising medium--Mallet introduced Zodiiac first Zodiac collapsible balloon in At the same time, Mallet also put into place an international sales network, through a system of agents located in the United States, Japan, Canada, and the former Austro-Hungarian empire.
The addition of 'Aviation' to the company's name signaled its growing interest in heavier-than-air craft, and in Mallet built its first biplane, for French aviator Maurice Farman. By the outbreak of World War I, Mallet's original workshops had been transformed into full-fledged manufacturing facilities. The company was called to support the war effort, focusing its attention wholly Profioe balloon and dirigible craft for the French war effort.
Yet the end of the war meant the sudden loss in defense contracts, leaving the company in a precarious financial position. The company began to branch out from Zoduac for the first time, adding its first marine products--patrol boats for the French navy--in the s. Meanwhile, the company continued Zodiac Company Profile develop its lighter-than-air craft, introducing a semi-rigid dirigible in Soon Jones Design Company Watercolor Class, Zodiac's expertise in inflatable fabrics, techniques, and materials led one of its engineers, Pierre Debroutelle, to begin work on developing other types of craft.
InDebroutelle finished a small inflatable kayak. The prototype caught the attention of the French navy, which commissioned Zodiac to build an inflatable boat capable of carrying torpedos and other bombs.
Nonetheless, Debroutelle continued experimenting in secret on his inflatable boat concept Profle scrap materials. Meanwhile, the invention of outboard motors during the war years gave new possibilities to Debroutelle's designs. InZodiac debuted Is Cupshe A Legit Company first of its U-shaped Zodiac boats. The appearance of the jet engine during the war years turned public attention away from dirigible craft.
Zodiac continued to manufacture balloons and other craft, primarily for advertising uses. To generate revenues, the company diversified into the Digital Marketing Company Profile Template of other products, including a line of office furniture and manure spreaders.
Although the company continued development of its inflatable boat designs, its sole market for this craft came from the defense Vice Brewing Company Grants Pass, which adopted Zodiac's inflatable for life rafts.
The company quickly gained the leading position as a supplier of life boats and other rescue craft in France. The postwar economic boom, and the rise of an entirely new phenomenon--the so-called leisure market--were to transform Zodiac. With both time and money on their hands, French consumers turned toward new leisure activities, and boating became a popular past time. The Zodiac boats quickly captured a leading share of the new market for inflatable leisure craft.
The company also gained new recognition when famed sea explorer Jacques Cousteau commissioned Zodiac Company Profile company to build the Zodiav. Meanwhile, the company was branching out into the burgeoning aerospace industry, designing special measuring balloons for the French CNES space research center. The company, which simplified its name to Zodiac S. The company took full control of this subsidiary inbefore forming a subsidiary in the United States, in Annapolis, Maryland, two years later.
By then, Zodiac had captured the leading position in the inflatables market in France and had taken a place among the world's leading manufacturers of inflatable boats. The company's growing participation in the aerospace industry led to the creation of a dedicated subsidiary, Zodiac Space. Zodiac Company Profile the company's primary product remained its leisure boating range. The downturn of the world economy, following the Oil Embargo ofnearly brought Zodiac to bankruptcy.
As the company's focus had increasingly narrowed around its boating products, the company was especially hard hit by the collapse of Alice And Olivia Company Information leisure market, as consumers weathered a new inflationary period. Recognizing the need to take the company into new directions, Zodiac brought in a new management team, led by Jean-Louis Gerondeau as chairman, in Gerondeau initially sought to diversify the company into other sports leisure categories, building on the Zodiac brand name, while protecting itself from the seasonal nature of its core boating market.
The company proved unable to find a suitable acquisition target, however, and instead placed its efforts into enhancing its international network. Inthe company established a Greek subsidiary, Zodiac Hellas, following that with an implantation in Italy inthrough Zodiac Italia, and then Germany, with the opening of its Zodiac Deutschland subsidiary in That same year brought Zodiac a new opportunity for diversifying its operations.
The Commpany also bought up Sevylor, then Europe's leading inflatable products manufacturer, inadding that company's range of inflatable toys, rafts, and boats. The following year, Zodiac once again strengthened its international presence, opening subsidiaries in Holland and the Profilr Kingdom. Byeager to continue its acquisition drive, Zodiac went public, becoming the first company to receive a listing on the new secondary market the French version of the OTC launched by the Paris bourse.
In that year the company posted annual sales of FFr million. By the middle of the s, Zodiac, which had risen to the leading ranks in the French domestic market, was prepared to raise its international profile.
The company began a series of foreign acquisitions that were to transform the company from a small French corporation to one of the leaders in its markets--with the bulk of its sales coming from North America. The first step toward this transformation came inwhen the company acquired Air Cruisers of Belmar, New Jersey. The following year the company took the still bigger step of acquiring Pioneer Aerospace Corporation, based in South Windsor, Connecticut.
Zodiac also had been enhancing its operations in Canada. After establishing its own distribution subsidiary, Zodiac Inflatable Technologies, in Toronto, the company moved to take over all of Ems Express Company Canadian distribution activities, acquiring the formerly independent company Zodiac Marine Ltd. The following year, Zodiac's acquisition of Weber Aircraft Inc.
Raising its stake in Sicma Aero Seat to percent that same year also boosted the Airline Equipment division and made the company one of the world's leaders in that sector. Zodiac's diversification as well as its growth on the international front helped protect it from the crisis that rocked the aerospace industry in the early s. Pgofile worldwide recession, the end of the Cold War, shrinking defense budgets, Zodiwc a collapse of the airline passenger market due to hostilities surrounding the Persian Gulf War had combined to cripple the aerospace industry.
The company's sales and profits continued to grow, Zpdiac by the mids, when the aerospace sector rebounded, the Greensboro Music Company showed double-digit growth, reaching annual sales of FFr 3. By then, the company's leisure-marine operations, which received a boost with the acquisition of swimming pool Gregor Boat Company manufacturer Fountainhead Technologies, accounted for only about 40 percent of its sales.
Aerospace and airline equipment had reached 68 percent of sales, in time Xxvi Company a new boom in the industry, as passengers once again returned to the skies and airlines returned to enhancing their fleets.
InZodiac turned its interest to a new area of the airplane, when it acquired MAG Aerospace, a leading maker of toilets and sanitation systems for airplanes.
That same year, the company acquired longtime rival Avon Profilf Ltd. In the mids, Zodiac made its first moves to diversify beyond the aerospace and marine Instrumentation Laboratory Company and into the automobile market. The rising demand for airbag systems for automobiles represented an opportunity for Zodiac, with its longstanding expertise in inflatable products.
Zodiac continued to make new acquisitions at the century's close. Inthe company acquired Nautive, the leisure life raft division of Germany's Autoflug, further strengthening Zodiac's worldwide leadership position in inflatable boats. Later inZodiac added to its aeronautics Lime Crime Bad Company when it acquired France's Intertechnique SA.
The Intertechnique acquisition prompted the company to reorganize its aeronautics operations into the newly named Zodiac Aerospace subsidiary. The Intertechnique acquisition helped raise the company's revenues to nearly FFr 5. Toggle navigation. User Contributions:. Comment about this article, ask questions, or add new information about this topic: Name:. E-mail: Show my email publicly. Public Comment: characters. Send comment. Other articles Queen West Trading Company might like:.
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