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AREVA GmbH Paul-Gossen-Straße 100 91052 Erlangen, Germany http://www.orano.group/
Contact Ms Pauline Briand +33 1 34 96 12 15
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AREVA GmbH

AREVA sells its 20% stake in Sofradir

(PresseBox) (Paris, )
AREVA announced today the sale of its 20% stake in the company Sofradir.

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".

AREVA GmbH

AREVA supplies solutions for power generation with less carbon. Its expertise and unwavering insistence on safety, security, transparency and ethics are setting the standard, and its responsible development is anchored in a process of continuous improvement.

Ranked first in the global nuclear power industry, AREVA's unique integrated offering to utilities covers every stage of the fuel cycle, nuclear reactor design and construction, and related services. The group is also expanding in renewable energies - wind, solar, bioenergies, hydrogen and storage - to be one of the top three in this sector worldwide in 2012.

With these two major offers, AREVA's 48,000 employees are helping to supply ever safer, cleaner and more economical energy to the greatest number of people.

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.