Framatome Acquires Minority Stake in Manoir France

en.Wedoany.com Reported - Framatome recently acquired a minority stake in Manoir France, a subsidiary of the UK-based Paralloy Group, which operates two foundries in Saint-Dizier (Haute-Marne) and Pitres (Eure), specializing in high-performance metal castings for the nuclear and defense industries.

This investment fulfills the commitment Framatome announced in early 2026 to support Manoir France's acquisition of the Hachette and Driout foundries, now integrated into Firth Vickers France, a subsidiary of Manoir France. Manoir France supplies critical components for the nuclear, defense, aerospace, and petrochemical sectors, particularly for the manufacture of valves and pumps in nuclear power plants, which demand extremely high safety and reliability standards.

Manoir France employs 450 people at its Pitres site and 170 at its Saint-Dizier site. By supporting necessary investments, Framatome ensures the security of these foundries' operations in the nuclear and defense industries, while contributing its expertise in safety, security, quality culture, and nuclear project management to directly foster the foundries' development.

Grégoire Ponchon, CEO of Framatome, stated that this equity investment strengthens two iconic French foundries serving the most demanding industrial sectors, particularly nuclear and defense. He believes it provides an additional lever to enhance sovereignty and ensure supply chain security, especially for the EPR2 project and the defense industry.

Robert McGowan, President of Manoir France and CEO of the Paralloy Group, said that Paralloy Group will continue to develop its industrial roots in France and invest in key strategic sectors such as energy and defense. The new partnership with Framatome aims to accelerate investments in industrial tools, production capacity, and best practices to secure these critical supply chains in the long term.