# 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.

- Type: Acquisition
- Announced: 2018-01-18
- Where: France
- Status: announced
- Products: nuclear automation systems, instrumentation and control systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md) (target)
- [Framatome](https://endata.com/companies/3370.md) (acquirer)

## Sources

- [nucnet.org](https://www.nucnet.org/news/framatome-to-take-over-schneider-electric-s-i-c-business), 2018-01-19: "Framatome has agreed to acquire France-based Schneider Electric’s nuclear automation business."
- [neimagazine.com](https://www.neimagazine.com/news/framatome-to-acquire-schneider-electrics-nuclear-automation-business-6033038/), 2018-01-22: "The acquisition expands Framatome’s instrumentation and control (I&C) offerings."

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