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Framatome completes purchase of Schneider Electric’s instrumentation and control nuclear business

February 28, 2018 | 1 min |
Framatome today announced that it completed its purchase of Schneider Electric’s nuclear instrumentation and control offering. With this transaction, Framatome adds to its engineering expertise and expands its instrumentation and control (I&C) offerings.

I&C systems are the central nervous system of a nuclear power plant, allowing operators to control reactor operations. Modernizations, upgrades and ongoing support are vital to manage economic, long-term operation of nuclear power plants, which provide reliable, low-carbon electricity.

“With the integration of Schneider Electric’s nuclear instrumentation and control offering, we offer truly added value to our customers with a global technical expertise and market know-how on I&C solutions for the nuclear market,” said Bernard Fontana, Chairman of the Managing Board and Chief Executive Officer of Framatome. “We welcome our new colleagues to Framatome’s worldwide team of I&C engineers and experts.”

This acquisition adds the nuclear-qualified version of Tricon and the SPEC 200 platform to Framatome’s nuclear safety I&C offerings, which include the TELEPERM XS digital platform, and non-computerized analog solutions and instrumentation for nuclear power plants.

This broadens the base of plants worldwide for which Framatome serves as the original equipment manufacturer for safety I&C systems. It also expands Framatome’s project and engineering capacities for non-safety I&C systems in the nuclear energy market, relying on Schneider Electric’s commercial TRICON and Foxboro platforms.

Framatome also becomes the exclusive service provider to the nuclear energy market for the SPEC 200, nuclear-qualified Tricon and Foxboro systems.

 

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%).