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AREVA Sells its 20% Stake in Sofradir - AREVA announced today the sale of its 20% stake in the company Sofradir - AREVA.com
AREVA Sells its 20% Stake in Sofradir

 

PRZOOM - /newswire/ - Paris, France, 2012/01/30 - AREVA announced today the sale of its 20% stake in the company Sofradir - AREVA.com.

   
 
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Thales and Safran groups, who hold 40% stakes in Sofradir, both acquire an additional 10%, bringing their stakeholdings in the company to 50% each.

Sofradir develops and manufactures infrared detectors for military, civil and space applications. The company employs 550 people, mostly at its Veurey-Voroise site near Grenoble, and achieves a turnover of around 150 million euros.

This disposal of a minority stake that is non-strategic for AREVA contributes to the group’s financing plan as announced in the Strategic Action Plan "Action 2016".

Contact
AREVA press office:
Patricia Marie / Fleur Floquet-Daubigeon / Maxime Michaut

AREVA Investors Relation:
Marie de Scorbiac
T: +33 1 34 96 05 97 / E: marie.descorbiac[.]areva.com.

Philippine du Repaire
T: +33 (0) 1 34 96 11 51 / E: philippine.durepaire[.]areva.com.

 
 
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AREVA Sells its 20% Stake in Sofradir

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AREVA |
Contact: Press Office - AREVA.com 
+33(0)1 34 96 12 15 press[.]areva.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any AREVA securities in any jurisdiction including any other companies listed or named in this release.

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