AREVA sells its 20% stake in Sofradir
GROUPE / FINANCE
January 30, 2012
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".