Vallourec: completes sale of Valinox Nucléaire

(CercleFinance.com) - Vallourec announces that it has completed the sale of Valinox Nucléaire SAS to Framatome.
This is a company located at the Montbard (Côte d'Or) production site in France and specialising in tubes for nuclear islands.

"All required regulatory approvals and authorizations have been obtained and employee representative bodies have been consulted, making this transaction possible," the seamless tube manufacturer said.

"The acquisition of Valinox Nucléaire SAS by Framatome will allow it to fully integrate the French nuclear sector, to benefit from potential synergies with this major player and to provide it with new sales opportunities," it added.


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