Today, the company Framatome announced the completion of its purchase of Rolls Royce Civil Nuclear Instrumentation and Control (I&C).  The deal which was first announced back in December 2020, will enlarges the industrial footprint of Framatome, and expands its global I&C systems development and deployment capabilities.

Framatome is an international leader in nuclear energy: the company is renowned for its reliability, its expertise and its performance in designs and installation of components, fuel, and instrumentation and control systems for nuclear power plants.

Rolls-Royce says the deal, for which it provides no financial details, contributes to the target it set last year of GBP2 billion in disposals. The I&C business had GBP74 million in revenue in 2020.

Through this transaction, more than 550 employees mainly located in France will be a part of the company. At the same time, Rolls-Royce Civil Nuclear’s products and technologies such as Spinline, Rodline and Hardline will be incorporated into Framatome’s I&C portfolio.

However, none of the group's employees based in the United Kingdom will be impacted by this transaction. Indeed, it does not include the civil nuclear activities of Rolls-Royce in the United Kingdom, nor those concerning the small modular reactors (SMR- Small Modular Reactor) which will still contribute to locally supplying low-carbon electricity. 

Additionally, this purchase will allow new resources to the I&C in order to offer more reliable, low carbon nuclear energy production which is becoming a real issue nowadays.

Source: https://www.framatome.com