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The takeover of Segault, a new sensitive file

2023-04-11T17:11:14.396Z


DECRYPTION - The French Segault, which has 80 employees, could go under the American flag. It is a case that could take on a scale beyond measure with the modest turnover - 13 million euros - of the company concerned. The French Segault, which has 80 employees, could go under the American flag. And that poses serious problems. The company, founded in 1921, specializes in valves for extreme situations, ie nuclear, petrochemical and aeronautics. Segault products thus equip all French nuc


It is a case that could take on a scale beyond measure with the modest turnover - 13 million euros - of the company concerned.

The French Segault, which has 80 employees, could go under the American flag.

And that poses serious problems.

The company, founded in 1921, specializes in valves for extreme situations, ie nuclear, petrochemical and aeronautics.

Segault products thus equip all French nuclear submarines and many nuclear power plants around the world.

The French company is a subsidiary of the Canadian Velan.

However, the latter is the subject of a takeover bid launched on February 10 by the American company Flowserve.

This change of nationality of the shareholder of Segault poses a real problem of sovereignty.

This is at least the opinion of Arnaud Montebourg.

The former Minister of the Economy, under the presidency of François Hollande, has just sent a letter to Bruno Le Maire, the current occupant of Bercy…

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Source: lefigaro

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