ENDEL announces the acquisition of SUEZ’s nuclear maintenance activity (formerly SRA SAVAC), which is changing its name to ENDEL SRA.
This strategic acquisition will supplement ENDEL’s specialized and high added-value services for complex environments such as the nuclear sector. It will also enable ENDEL to further extend its territorial presence in France and open up new prospects internationally.
A well-established business in the nuclear sector
Specializing in services for nuclear power plant operators, SUEZ’s nuclear activity has been providing a complete portfolio of services for primary and secondary circuits of nuclear power plants for the past 35 years. These services include jetting and inspecting steam generators, conducting televisual inspections and extractions of foreign matters, facility cleaning and decontaminating pressurisers. Based in Vaulx-en-Velin (Rhône-Alpes), SUEZ’s nuclear activity employs 180 people and reached a turnover of €28 million in 2017, €4 million of which were generated abroad.
With its training center based in Vaulx-en-Velin, SUEZ’s nuclear maintenance activity demonstrates the significant importance it attaches to the training of its employees who operate in highly-demanding environments in terms of safety and quality.
ENDEL SRA, integrated services to develop ENDEL on an international level
The services the new ENDEL SRA subsidiary has developed and delivered are particularly well known in the nuclear ecosystem and will provide power plant operators with high added-value benefits.
By acquiring SUEZ’s nuclear activity, ENDEL will be able to supplement the range of high added-value services that it provides for major components in power plants (tanks, steam generators, pressurisers, etc.), and extend its regional coverage while opening up new prospects internationally. The complementary nature of ENDEL’s activities and those of its new subsidiary ENDEL SRA will help bolster its capabilities for conducting non-destructive inspections, dismantling operations, operations in the shipbuilding sector, etc. This sale is in line with SUEZ’s desire to focus its activities on waste recycling and recovery in France by favoring the circular economy.
“We are delighted that SUEZ’s nuclear activity is joining ENDEL with which we have worked for more than 20 years. In addition to the French nuclear park, we have previously worked successfully with ENGIE subsidiaries such as TECNUBEL, that will continue to contribute to our national and international development by consolidating our strong synergies”, said Jean-Paul Mandier, Director of ENDEL SRA.
"This acquisition is a real opportunity for both our companies. With this new subsidiary, the complementary nature of our expertise will provide our clients with an even more complete range of maintenance services for the nuclear and industrial sectors”, said Émeric Burin des Roziers, Managing Director of ENDEL.
ENGIE (engie.com) is an actor in the nuclear services sector. The Group has been a pioneer in the nuclear field for over 55 years and aims to pursue its leading role in the field of services for the nuclear industry. ENGIE is one of the rare European Groups endowed with high competence in engineering, equipment sourcing, construction, installation, operation and maintenance, dismantling and clean-up services adapted to the entire nuclear value chain. The Group counts 7000 employees for this activity.
We are a global energy and services group, focused on three core activities: low-carbon power generation, mainly based on natural gas and renewable energy, global networks and customer solutions. Driven by our ambition to contribute to a harmonious progress, we take up major global challenges such as the fight against global warming, access to energy to all, or mobility, and offer our residential customers, businesses and communities energy production solutions and services that reconcile individual and collective interests. Our integrated - low-carbon, high-performing and sustainable - offers are based on digital technologies. Beyond energy, they facilitate the development of new uses and promote new ways of living and working. Our ambition is conveyed by each of our 150,000 employees in 70 countries. Together with our customers and partners, they form a community of imaginative builders who invent and build today solutions for tomorrow.
2017 turnover: 65 billion Euros. Listed in Paris and Brussels (ENGI), the Group is represented in the main financial (CAC 40, BEL 20, Euro STOXX 50, STOXX Europe 600, MSCI Europe, Euronext 100, FTSE Eurotop 100, Euro STOXX Utilities, STOXX Europe 600 Utilities) and extra-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).
Investors relations contact: T: +33(0)1 44 22 66 29 - E: ir[.]engie.com.
About ENDEL ENGIE
ENDEL (endel-engie.fr) is a leading provider of services for the nuclear and industrial maintenance sectors, and is committed to the energy and digital transition as well as sustainable and profitable growth. ENDEL's aim is to become the leading provider of industrial services in the most demanding environments in terms of safety and quality. ENDEL wants to be a natural and decisive partner for its clients, working with them on developing the best solutions to take up their industrial challenges. In so doing, ENDEL aims to contribute to the development of France's industry. ENDEL is part of the ENGIE Group, which is one of the world's leading energy companies.
About ENDEL SRA
ENDEL SRA is a maintenance company which employs 180 people and has 30 years of experience in the nuclear domain, mainly in cleaning, and inspection in hostile environments. ENDEL SRA is the world leader in jetting of steam generators with more than 4000 steam generators cleaned since the beginning. It is also the first image provider of EDF in France. Because of its responsiveness and the quality of the solutions provided, ENDEL SRA can offer its expertise to all the utilities of the world running nuclear power plants. It has already done so in many countries: Sweden, Belgium, Spain, Slovenia, Brazil, Romania, South Africa, India and Pakistan.