Orano group on 1 October confirmed the acquisition by Orano Nuclear Packages and Services (Orano NPS) of Daher group’s German nuclear activities – Daher Nuclear Technologies Gmbh (DNT) – and its United States subsidiary TLI.
The planned acquisition, which was the subject of an agreement signed in March had been pending the usual authorisations, in particular with regard to foreign investment and merger control, Orano said. The regulatory authorities have now issued a favourable opinion and the acquisition is effective.
In order to anchor these new activities within the Orano group, the former Daher companies will be renamed: DNT will become Orano NCS and TLI will become Orano TLI.
“By making these acquisitions, Orano NPS will benefit from additional know-how, a broader range of products and services, and an extended geographic footprint, particularly in Germany and the US.”
DNT and its subsidiary TLI have proven expertise in the transport of nuclear materials and in packaging engineering, especially in the front end of the nuclear fuel cycle. In Germany, DNT's teams have specific skills in rail transport management and waste storage.
The two companies employ about 100 employees in total in Germany (Hanau and Leese) and in the USA (Fulton, Maryland, and Kevil, Kentucky).
“Through its increased global presence and now more than 1000 employees, Orano NPS can expand customer services to meet an even broader range of needs,” the company noted. “Incorporating DNT and TLI is part of the Orano group's strategy to strengthen its competencies in its core business. With this second acquisition in less than a year, the Orano group continues to make targeted acquisitions enhancing its leading role with stakeholders in the nuclear energy industry, which remains the main source of low-carbon energy in Europe and the United States.