Cédric de Saint-Jouan, President and co-founder of the VOL-V Group, is to become President of the Groupe Absolut’s Strategy Committee, thus strengthening the ties between the two groups, which were already united following a €12 million capital increase by the VOL-V Group. For Cédric de Saint-Jouan, “the Groupe Absolut has developed technological building blocks that offer considerable advances for the environment. Determined to capitalize on this first-rate industrial potential, we have decided to strengthen our financial and strategic support to accompany the Groupe Absolut’s change of scale”.
The Groupe Absolut, internationally recognized for its technological developments in cryogenics, has strengthened its management team with the arrival of Tilmann Steinhagen as Managing Director Operations and Finance. With this appointment, the Groupe Absolut is continuing to grow and industrialize its activities.
His experience in both strategic and operational roles, notably as CFO of Operations and Industrial Activities at Airbus Commercial Aircraft and of the A350 XWB Business Plan, then as CFO of the Dalkia Group, will enable the group to put in place the processes needed to make it a flagship of French industry, committed to the heart of decarbonization. Tilmann Steinhagen emphasizes: “I decided to join the Groupe Absolut because it has extraordinary development potential, thanks to its cutting-edge expertise in cryogenics, which is now key to many contributions to an efficient and economically viable transition to zero carbon”.
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The Absolut Group is headed by Julien Tanchon (Chairman). The Absolut Group has an international reputation for marketing innovative cryogenic solutions (between -180°C and -271°C) for research and industry. Its ambition is to place cryogenic innovation at the service of accelerating the energy transition.
The Absolut Group includes the Absolut System subsidiary, founded in 2010 by 3 cryogenic engineers, Thierry Trollier (Chairman), Julien Tanchon and Jérôme Lacapère (Managing Directors). It has been developing ultra-complex, customised cryogenic equipment for over 12 years, sold worldwide.
Since 2021, the Absolut Group has also included three other subsidiaries, chaired by Julien Tanchon, specialising in markets with high growth potential: hydrogen, NewSpace and quantum. Absolut Hydrogen makes liquid hydrogen available to decarbonise industry and mobility, and Absolut Sensing operates satellites to detect greenhouse gas emissions (methane). Recently, Absolut Quanta (energy-efficient supercomputers) joined the Absolut Group with the aim of decarbonising the data processing industry while improving its performance.
With its international reach and its involvement in a number of strategic projects (ASCEND, H2 Hub Airport, Copernicus, etc.), the Absolut Group is playing an active role in developing the European economy.
In the 1990s, the founders of VOL-V, an independent producer of renewable energies, launched into wind power and then solar power, before pioneering biomethane in the 2010s. With the sale of these activities to the Engie group and CNR in 2019, they have naturally decided to put their 25 years of experience at the service of renewable energies to make VOL-V an accelerator and facilitator of the energy and ecological transition. VOL-V also aims to support cutting-edge technology companies, such as the Absolut Group, whose applications can have a decisive impact on the environment.
A 150 million € investment programme has been launched, a third of which has already been allocated to a dozen investments in unlisted French companies in the fields of hydrogen, sustainable agriculture, sobriety and low-carbon building. VOL-V focuses its efforts on French companies and positions itself as a reference shareholder, possibly with a majority stake, making available its resources and entrepreneurial experience.
The VOL-V Group’s role as an investor and coach enables it to help companies with cutting-edge expertise and strong industrial potential to scale up and develop tomorrow’s research in a fast-changing sector.
Absolut System / Groupe Absolut
Martine Lausseure – AGM Communication
+33 (0)6 15 02 82 30 – email@example.com