M&A Deal Summary

Alstom Acquires Helion Hydrogen Power

On April 1, 2021, Alstom acquired energy services and equipment company Helion Hydrogen Power from Orano SA

Acquisition Highlights
  • This is Alstom’s 3rd transaction in the Energy Services and Equipment sector.
  • This is Alstom’s 1st transaction in France.

M&A Deal Summary

Date 2021-04-01
Target Helion Hydrogen Power
Sector Energy Services and Equipment
Buyer(s) Alstom
Sellers(s) Orano SA
Deal Type Divestiture

Target

Helion Hydrogen Power

Aix-en-Provence, France
Helion Hydrogen Power design, manufacture and commercialize PEM* fuel cell stacks and fully-integrated hydrogen systems with a power range from kW to MW. Helion Hydrogen Power also supplies a turnkey service for customized hydrogen energy and transport solutions. Helion Hydrogen Power was founded in 2001 and is based in Aix-en-Provence, France.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Alstom

Saint-Ouen, France

Category Company
Founded 1992
Sector Energy Services and Equipment
Employees86,039
Revenue 18.5B EUR (2025)
DESCRIPTION

Alstom is a provider of electrical generation and transmission products, including turbines for hydroelectric, gas, coal, and nuclear-powered plants. Alstom was founded in 1992 and is based in Saint-Ouen, France.


DEAL STATS #
Overall 13 of 14
Sector: Energy Services and Equipment M&A 3 of 3
Type: Divestiture M&A Deals 3 of 3
Country: France M&A 1 of 2
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-26 B&C Transit

Oakland, California, United States

B&C Transit, Inc. is a transit engineering design and construction firm specializing in the passenger rail sector, that is based in Oakland, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-02 Flertex

Gennevilliers Cedex, France

Flertex specializes in the design and manufacture of brake linings (pads and shoes) for braking systems, particularly for the rail industry but also for other industrial applications. It is a group of international scope with approximately 120 employees, with the vast majority working at its sites in Gennevilliers (in the region of Île-de-France) and Saint-Florentin (in the region of Bourgogne-Franche-Comté). More than 50% of its turnover comes from the rail industry, mainly in France and Europe but also in Latin America. For more than 60 years, Flertex focuses on innovation to develop ever more efficient materials: increased braking performance, noise reduction, and reduced emissions of fine particles into the atmosphere.

Buy -

Seller(S) 1

SELLER

Orano SA

Courbevoie, France

Category Company
Sector Energy Services and Equipment
Revenue 3.6B EUR (2018)
DESCRIPTION

Orano SA is a multinational nuclear fuel cycle company engaged in uranium mining, conversion-enrichment, spent fuel recycling, nuclear logistics, dismantling, and nuclear cycle engineering activities.


DEAL STATS #
Overall 3 of 3
Sector: Energy Services and Equipment M&A 1 of 1
Type: Divestiture M&A Deals 3 of 3
Country: France M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-30 KSB SE & Co. KGaA - Three Service Companies

Frankenthal, Germany

KSB SE & Co. KGaA - Three Service Companies include KSB Service Energie (KSE), KSB Service Cotumer (KSC), and the Société de Travaux et d’Ingénierie Industrielle (STII). Employing around 200 staff KSB Service Énergie (KSE) and its subsidiary STII are recognised for their expertise in nuclear maintenance. Having continuously developed in a regulated and highly challenging niche market, KSE is one of the few integrated service providers authorized by EDF to bid for its multi-year valve maintenance tenders for its nuclear power stations.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-30 CERIS Group

Saint-Herblain, France

CERIS Group specializes in engineering and consulting services, CERIS Group is organized by business line around three subsidiaries: CERIS Ingénierie, Elix, and CERIS Architecture. CERIS Group's subsidiaries support their customers in sectors including pharmaceuticals and biotechnology, hospitals, and nuclear medicine, as well as for laboratories and other industries subject to severe constraints or highly controlled environments CERIS Group was founded in 1999 and is based in Saint-Herblain, France.

Buy -