Orano’s Acquisition of Daher’s Nuclear Activities in Germany and North America

LPA-CGR lawyers, Womble Bond Dickinson LLP and PWWL Workplace Law have accompanied Orano in the context of the transaction. Hogan Lovells advised Daher.

The Orano group has finalized the signing with the Daher group of an agreement entered into on Thursday March 4 for the acquisition by Orano Nuclear Packages and Services (“Orano NPS”) of the nuclear activities of Daher in Germany (Daher Nuclear Technologies Gmbh – “DNT”) and its subsidiary in North America (TLI Inc. – “TLI”).

This project is part of the Orano group’s skills building strategy in its core business. It will enable the entities concerned to benefit from additional know-how and establishments, particularly in Germany and the United States. DNT and its subsidiary TLI, which have recognized expertise in the transport of nuclear materials and packaging engineering, employ a total of around 100 employees based in Germany (Hanau and Leese) and in the United States (Fulton in Maryland). and Kevil, Kentucky). In Germany, DNT teams have specific skills in the organization of rail transport and in the storage of waste.

Orano NPS will benefit from an expansion of its transport and engineering product and service offering, particularly in the upstream part of the nuclear fuel cycle. With around 1,000 employees worldwide, it will be able to strengthen its relationship with its main customers.

Thanks to this second acquisition in less than a year, in which LPA-CGR also advised Orano, the Orano group is continuing its targeted acquisitions. It confirms its leading role with players in the nuclear industry, which remains the main source of low-carbon energy in Europe and the United States.
The finalization of this transaction remains subject to the usual authorizations, in particular with regard to foreign investments and merger control.

The LPA-CGR lawyers team that supports Orano on M&A aspects is made up of Philippe Raybaud (Photo), partner, Wyssam Mansour, counsel, and Aude Cassaigne, lawyer. Bertrand Galvez, partner, advises on aspects of tax law. The LPA team which deals with aspects of German law is made up of Oliver Kirfel, LL.M., partner, Maximilian Amrhein, senior associate and Jacqueline Spletter, associate, in M ??& A / Energy, Aleksandra Hallberg, senior associate, in taxation, Gerhard Koeglmeier, senior associate in coporate / tax, Michel Grabau, partner, in regulation.

Katrin Scheicht from PWWL Workplace Law, advises on social law aspects in Germany.

A team from Womble Bond Dickinson (US) LLP, led by Joe Tirone, Sarah Wilk and Caitlin MacDowell, including James Kearney, Jimmy Kirkland, Julia Kreyskop, Mike Cashin, Claire Rauscher, Mike Tobin, Patrick Allen, John Pueschel, Susan Cooper , Nick Hawkins, Patricia Holliman, and Lidiya Kurin speak on aspects of American law.

A cross-border and cross-practice team from Hogan Lovells has advised Daher, led by Paris Corporate partner Jean-Marc Franceschi, involving several Hogan Lovells offices in France, Germany and the United States. In Paris, the team was made up of Jean-Marc Franceschi (partner), Arnaud Deparday (Counsel) and Florian Tranchecoste (associate) on the corporate aspects; Ludovic Geneston (partner) and Adrian Gaina (associate) on the tax aspects. In Germany, the team included Lutz Angerer (partner) and Andreas Thun (Counsel) on the corporate aspects and Christoph Wünschmann (partner) on the Antitrust aspects from the Munich office; Mathias Schönhaus (partner) on the tax aspects from the Düsseldorf office; Kerstin Neighbour (partner) on the employment aspects from the Frankfurt office. In the United States, the team included Daniel F. Stenger (partner) and Patrick Miller (associate) on the Regulatory aspects from the Washington office.

Involved fees earner: Lutz Angerer – Hogan Lovells; Arnaud Deparday – Hogan Lovells; Jean-Marc Franceschi – Hogan Lovells; Adrian Gaina – Hogan Lovells; Ludovic Geneston – Hogan Lovells; Patrick Miller – Hogan Lovells; Kerstin Neighbour – Hogan Lovells; Mathias Schönhaus – Hogan Lovells; Daniel Stenger – Hogan Lovells; Andreas Thun – Hogan Lovells; Florian Tranchecoste – Hogan Lovells; Christoph Wünschmann – Hogan Lovells; Aude Cassaigne – LPA-CGR avocats; Bertrand Galvez – LPA-CGR avocats; Wyssam Mansour – LPA-CGR avocats; Philippe Raybaud – LPA-CGR avocats;

Law Firms: Hogan Lovells; LPA-CGR avocats;

Clients: DAHER; Orano SA;

Read the full article on Global Legal Chronicle France

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Naoual Sadouqi

Author: Naoual Sadouqi

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