LPA-CGR avocats advised Orano in the acquisition of the company KSB Service Energie (KSE) and of its subsidiaries KSB Service Cotumer (KSC) and the Société de Travaux et d’Ingénierie Industrielle (STII) from the German group KSB, a global player in the manufacturing of industrial pumps and valves.
This acquisition is part of Orano’s strategy to develop its service activities, in particular in the area of industrial maintenance. KSE and its subsidiaries KSC and STII are recognized for the role they play in providing services to the French nuclear fleet and the industry, whether it be carrying out interventions on valve systems, mechanical maintenance on rotating machines or boiler making services (anchor points, supports, piping, etc.).
With this acquisition, Orano enhances its service offer with new specialized resources that complement the nuclear maintenance activities in which the group is already present. More than 250 employees and the industrial capacities of the three entities will be joining forces with Orano’s “Dismantling and Services” unit, whose 1,600 employees already work on the French nuclear fleet daily in industrial logistics, site support, and maintenance.
The team of LPA-CGR that advised Orano was composed of Philippe Raybaud, partner, Wyssam Mansour, counsel, and Aude Cassaigne, on Corporate/M&A matters. Frédérique Chaillou, the partner, and Sarah Becker advised on environmental law matters.
Orano was also assisted by Eight Advisory, a financial advisor on this transaction. CMS Francis Lefèbvre assisted KSB with a team composed of Alexandre Morel, partner, Anne-Flore Millet, and Marie Saunier.
