# EDF Energy acquires GE Oil & Gas Marine & Industrial UK and GE Steam Power

EDF Energy Holdings Ltd, via its subsidiary GEAST UK Ltd, will acquire GE Oil & Gas Marine & Industrial UK Ltd and GE Steam Power Ltd, increasing its shareholding to 75% or more. The acquisition is subject to a Final Order under the National Security and Investment Act.

- Type: Acquisition
- Announced: 2023-08-07
- Where: United Kingdom
- Status: announced
- Products: naval propulsion systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EDF Energy](https://endata.com/companies/1460.md) (acquirer)
- [GE Steam Power](https://endata.com/companies/5219.md) (target)
- [GE Oil & Gas Marine & Industrial UK](https://endata.com/companies/71885.md) (target)

## Sources

- [gov.uk](https://www.gov.uk/government/publications/acquisition-of-ge-oil-gas-marine-industrial-uk-ltd-and-ge-steam-power-ltd-by-edf-energy-holdings-ltd-via-its-wholly-owned-subsidiary-geast-uk-ltd/acquisition-of-ge-oil-gas-marine-industrial-uk-ltd-and-ge-steam-power-ltd-by-edf-energy-holdings-ltd-via-its-wholly-owned-subsidiary-geast-uk-ltd), 2023-08-07: "The Secretary of State considers that a risk to national security will arise because of the critical national security and defence capabilities relating to naval propulsion systems."

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