Framatome and Naval Group finalised the acquisition of Jeumont Electric, a French maker and maintenance provider of electric motors and equipment for nuclear and naval defence, from Altawest. The announcement was made on January 9, 2024.

Spirax-Sarco Engineering completed its acquisition of Vulcanic from Qualium for €261.7 million on a cash and debt-free basis, adding it to its Electric Thermal Solutions business.

Prysmian was awarded a contract worth over EUR 150 million by RTE to design, supply, install and commission two 225 kV submarine and land export cable systems connecting the Yeu-Noirmoutier offshore wind farm to the French grid, with delivery scheduled for 2023.

Landis+Gyr committed to supply about 20% of the planned rollout of the next 13 million Linky smart meters in France by 2023 under new contracts with Enedis. The contracts also cover supply for SEI, the EDF subsidiary for Corsica and the French overseas departments.

Sferaco, a subsidiary of Thermador Groupe, has opened negotiations to buy 100% of Groupe Valfit, a Bussy Saint-Georges company that sells connectors, meters and valves to wholesalers, with a deal targeted by end of January 2018. Valfit reported 2016 turnover of EUR 5.9 million. No price was disclosed.

Wabtec subsidiary Faiveley Transport secured an approximately $100 million contract from Alstom and Bombardier Transportation to supply braking, doors, HVAC, pantographs and other systems for the first 71 double-decker trainsets for Paris RER lines D and E.

Prysmian was awarded a contract worth more than EUR 300 million by RTE to develop submarine cable links connecting three planned offshore wind farms (Fecamp, Calvados and Saint-Nazaire) to the French mainland grid.