Orano Signs an Agreement With Daher to Acquire Its Nuclear Activities in Germany and North America
Summary
DNT and its subsidiary TLI, which have a proven expertise in the transport of nuclear materials and packaging engineering, employ together c. 100 employees based in Germany (Hanau and Leese) and in the United States (Fulton, Maryland and Kevil, Kentucky). Orano NPS will benefit from extended range of products and services in transport and engineering, particularly in the Front End of the nuclear fuel cycle. It confirms its leading role with stakeholders in the nuclear industry, which remains the main source of low-carbon energy in Europe and the United States. The completion of this transaction remains subject to the customary authorizations, in particular with regard to foreign investments and merger control/anti-trust laws. Frédéric de Agostini, President of Orano NPS said, “We are happy to start a new cycle of growth with our German and American colleagues from DNT and TLI.