French multinational AREVA on Friday announced that it had completed the sale of nuclear instrumentation and measurement subsidiary Canberra.
The sale to Mirion Technologies was announced last December, months before AREVA declared a more ambitious restructuring last month.
“The sale of Canberra to Mirion is in line with our previously announced restructuring plan and our strategic roadmap released in June,” AREVA CEO Philippe Knoche said in a press release. “Mirion was chosen by AREVA in part because of its long history as a reliable supplier to the nuclear industry, its track record of creating and maintaining highly skilled jobs in France and its strong financial backing. The timely closing of this transaction is a testament to our commitment to pursuing AREVA’s transformation. I sincerely wish a great success to Mirion and Canberra.”
Canberra employs about 1,000 workers.
AREVA in June announced a major reorganization including the formation of New Co., which will hold the company’s nuclear fuel cycle operations.
