Press Release

Closing of the New NP divestment

January 2, 2018 | 1 min |
Category: corporate
January 2, 2018 - AREVA S.A., through its subsidiary AREVA NP, sold on December 31st, 2017 all of its shares in New NP, which employs nearly 14,000 people, to a consortium of acquirers consisting of the EDF group, Mitsubishi Heavy Industries (MHI) and Assystem.

The shareholding situation of New NP is now as follows: EDF is the majority shareholder with 75.5% of the capital of New NP, while MHI and Assystem respectively hold stakes of 19.5% and 5%. This transaction closes a series of divestments conducted by AREVA S.A., following those of Canberra (nuclear measurements), ADWEN (offshore wind) and AREVA TA (nuclear propulsion).

New NP is a major international player in the nuclear energy market recognized for its innovative solutions and value-added technologies for designing, building, maintaining, and advancing the global nuclear fleet. The company designs, manufactures, and installs components and fuel for nuclear power plants and offers a full range of reactor services.

Read the press release on the EDF website

 

About Framatome

Framatome is an international leader in nuclear energy recognized for its innovative solutions and value added technologies for the global nuclear fleet. With worldwide expertise and a proven track record for reliability and performance, the company designs, services and installs components, fuel, and instrumentation and control systems for nuclear power plants. Its more than 14,000 employees work every day to help Framatome’s customers supply ever cleaner, safer and more economical low-carbon energy.

Framatome is owned by the EDF Group (75.5%), Mitsubishi Heavy Industries (MHI – 19.5%) and Assystem (5%).