# Framatome and Naval Group acquire JEUMONT Electric

Framatome and Naval Group have acquired JEUMONT Electric from Altawest Group, as announced in a 2024 change of ownership.

- Type: Acquisition
- Announced: 2018-03-29
- Where: Jeumont, France
- Status: completed
- Products: electric machines, traction motors
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-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

- [jeumontelectric.com](https://www.jeumontelectric.com/en/profile/history/), 2018-03-29: "Change of ownership: Framatome and Naval Group acquire JEUMONT Electric from Altawest Group."

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