Acquisition of Daher’s German and US nuclear activities by Orano
GER
USA
Sycomore Corporate Finance acted as sole financial advisor to Orano on the acquisition of Daher’s nuclear activities in Germany and the United States
Rationale
The acquisition is part of Orano’s strategy to strengthen its competencies in its core business:
Orano transforms nuclear materials so that they can be used to support the development of society, first and foremost in the field of energy. The group offers products and services with high added value throughout the entire nuclear fuel cycle, from raw materials to waste treatment. Its activities, from mining through to decommissioning, as well as in conversion, enrichment, recycling, logistics and engineering, contribute to the production of low-carbon electricity.
Orano and its 16,000 employees bring to bear their expertise and their mastery of cutting-edge technology, as well as their permanent search for innovation and unwavering dedication to safety, to serve their customers in France and abroad.
Daher is an aircraft manufacturer and an industry and service equipment supplier. Daher asserts its leadership in three main businesses: aircraft manufacturing, aerospace equipment and systems, logistics and supply chain services; and achieved a turnover of 1.1 billion euros in 2020. With the stability provided by its family ownership, Daher has been committed to innovation since its creation in 1863. Today, present in 13 countries, Daher is a leader in Industry 4.0, designing and developing value-added solutions for its industrial partners.