By acquiring Daher Valves, Framatome and TechnicAtome have recreated Vanatome.
Framatome and TechnicAtome have acquired Daher Valves, a company specializing in valves for the nuclear and defense sectors. This move strengthens French industrial sovereignty in the context of a nuclear renaissance. Reverting to its historical name, Vanatome, the company reaffirms its strategic role in securing the supply chain.
On July 1, 2024, Framatome and TechnicAtome announced the acquisition of Daher Valves, a subsidiary of the Daher Group. Founded in 1978, the company specializes in the design, manufacture, and qualification of a wide range of valves for the nuclear and defense sectors. As part of this transaction, Daher Valves has reverted to its original name, Vanatome, and has unveiled a new logo.
This strategic acquisition is made in a context of strengthening French industrial sovereignty, amidst a dynamic nuclear revival. Already last October, the Ministry of the Economy had opposed the sale of Segault and Velan, specialists in valve technology, to the American company Flowserve. In May, the acquisition of GE Steam Power by EDF, which manufactures the powerful Arabelle turbines in Belfort, was finalized after two years of tough negotiations.
Strengthening Our Nuclear Future: Framatome and TechnicAtome Acquire Vanatome 🚀🔧
👉 Read the full press release here: https://t.co/X2AdnH6Hql#Framatome#TechnicAtome #Vanatome#NuclearEnergy #Defense#StrategicAcquisition 🚀🔧 pic.twitter.com/OkJ2gO8eC9
— Framatome (@Framatome_) July 1, 2024
A historic partner of the French nuclear industry
Bernard Fontana, CEO of Framatome, notes that “Vanatome is a strategic supplier to the nuclear industry and has recognized expertise in the manufacture and qualification of high-performance valves. This acquisition allows us to secure our supply chain and meets the sovereignty challenges of activities essential to the civil nuclear and defence sectors.”
Loïc Rocard, CEO of TechnicAtome, adds, “Vanatome is a longstanding partner and supplier of essential components for nuclear propulsion systems. We welcome its employees and, along with Framatome, are excited to be by their side as they begin a new chapter in their history.”
Didier Kayat, CEO of Daher, believes that “at a time when the revival of the nuclear sector requires increased specialization, we are convinced that the integration of Daher Valves into Framatome and TechnicAtome – two leading French groups in the nuclear field, and two longstanding strategic customers of Daher Valves – will increase opportunities for its teams in this growing market.”
Located in Drôme, the company now employs 120 people and has over 150 clients in twenty countries. ■