# Framatome and Naval Group complete acquisition of Jeumont Electric from Altawest

Framatome and Naval Group finalised the acquisition of Jeumont Electric, a French maker and maintenance provider of electric motors and equipment for nuclear and naval defence, from Altawest. The announcement was made on January 9, 2024.

- Type: Acquisition
- Announced: 2024-01-09
- Where: France
- Status: completed
- Products: electric motors, electrical equipment, maintenance services
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Framatome](https://endata.com/companies/3370.md) (acquirer)
- [Naval Group](https://endata.com/companies/11418.md) (acquirer)
- [Altawest](https://endata.com/companies/11419.md) (partner)
- [Jeumont Electric](https://endata.com/companies/11420.md) (target)

## Sources

- [framatome.com](https://www.framatome.com/medias/framatome-et-naval-group-finalisent-lacquisition-de-jeumont-electric/), 2024-01-09: "Framatome et Naval Group ont annoncé la finalisation de l’acquisition de Jeumont Electric au groupe Altawest."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.