# Lumibird in exclusive bid to buy Areva's stake in Cilas

Lumibird has signed an exclusive agreement with Areva to acquire its 37% stake in Cilas, a laser technology company. The acquisition is subject to administrative authorisations and should be finalised in the next few days.

- Type: Acquisition
- Announced: 2021-07-19
- Where: France
- Status: announced
- Products: laser technologies, laser subsystems and components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [AREVA](https://endata.com/companies/770.md) (partner)
- [CILAS](https://endata.com/companies/28023.md) (target)
- [Lumibird Group](https://endata.com/companies/32104.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/07/19/2265049/0/en/lumibird-in-exclusive-bid-to-buy-areva-s-stake-in-cilas.html), 2021-07-19: "The acquisition of AREVA's stake in CILAS is a decisive strategic step in our merger project."

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