Framatome to acquire Schneider Electric's nuclear automation business

Framatome announced an asset purchase agreement with Schneider Electric to acquire its nuclear automation business, expanding Framatome's instrumentation and control offerings. The deal is expected to close before the end of Q1 2018.

“Framatome has agreed to acquire France-based Schneider Electric’s nuclear automation business.”nucnet.org

• 2 sources
• nucnet.orgFramatome To Take Over Schneider Electric’s I&C BusinessCentral Office, NucNet a.s.b.l., Brussels, BelgiumJan 19, 2018
• neimagazine.comFramatome to acquire Schneider Electric’s nuclear automation business - Nuclear Engineering InternationalcarolineJan 22, 2018

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