1937: Achille FACON founded the company < Fabrication Automatique de CONdensateurs > in Tourcoing (North of France).
70’s Production oriented towards the manufacture of capacitors and electrical filters for automobiles.
1975Facon became a public limited company. Began manufacturing overmolded capacitors for specific cars.
1984 Purchase of the company “MB”, a Parisian manufacturer of car antennas.
1985 Facon moved from Paris to Alencon to a former Thomson CSF plant, and resumed its business of manufacturing power semiconductors.
1986 Gilles BENHAMOU became CEO of FACON and founded the “Group CARTIER INDUSTRIES” (GCI) specialized in the manufacture of automotive mechatronic subsets.
1994 Acquisition and transfer to Alençon (Orne) of the company MIMP, a manufacturer of overmolded connectors and brush holders for automotive alternators.
1996 FACON Alençon focussed on the production of subassembled mechatronics by cutting, moulding, potting, and fitting electronic components.
1998 Pressac Group bought out GCI Group.
1999 Gilles Benhamou bought back the FACON company from the Pressac Group and founded ASTEEL Group, assuring its role as a key player in the mechatronics market.
2000 Production site launched in Tunisia, enabling cost reductions at ASTEEL’s 10 French production sites, whose turnover reached 250 million euros.
2003 Asteel built and moved to a new industrial site of 5000 m² in Valframbert near Alençon, and became « ASTEEL Technologie Alençon ».
2008 Purchase of the company “Flash Electronics” (implanted in USA and China).
Purchase of the electronics company MRP Bedford, England.
Founding of the International ASTEELFLASH Group with a turnover of 500 million euros.
2010 ASTEELFLASH Group went international with 16 production sites, 4500 employees and a turnover exceeding 600 million euros.
