Announced
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Synopsis
Electricite de France-backed Framatome, a French blue-chip engineer, completed the acquisition of the civil nuclear instrumentation & control business of Rolls-Royce, a manufacturer of aero, marine, and industrial gas turbines for civil and military aircraft. Financial terms were not disclosed. "I&C systems serve as the ‘central nervous system’ of a nuclear power plant enabling operators to control the reactor. This purchase and the expert workforce joining Framatome will further enhance our I&C offering for reliable, low-carbon nuclear energy production. I welcome the talented employees of Rolls Royce Civil Nuclear to Framatome," Bernard Fontana, Framatome CEO.
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