Framatome buys minority stake in French foundry group Manoir France

What's the deal? FramatomeDealroom has a profile for this one. Try Dealroom → has acquired a minority stake in Manoir France, a subsidiary of the UK-based Paralloy GroupDealroom has a profile for this one. Try Dealroom →. Manoir France runs two foundries — in Saint-Dizier and Pitres — that make high-performance metal castings for the nuclear and defence sectors. Terms were not disclosed.

Why now? The investment delivers on a commitment Framatome made in early 2026 to back Manoir France's purchase of the Hachette and Driout foundries, now folded into subsidiary Firth Vickers France.

What's the endgame? Manoir France supplies critical components — notably valves and pumps for nuclear power plants — that demand high safety and reliability standards. It also serves aerospace and petrochemical customers. Framatome says it will support investment and add its expertise in safety, quality, and nuclear project management to develop the foundries.

The two sites employ 620 people in total: 450 at Pitres and 170 at Saint-Dizier.

What changes? For Paralloy Group, the deal locks in a strategic partner while keeping its French operations intact. "Paralloy Group will continue to develop its industrial roots in France," said Robert McGowan, president of Manoir France and CEO of Paralloy Group, adding that the partnership aims to "accelerate investments in industrial tools, production capacity, and best practices."

The signal: The move ties supply-chain security to national sovereignty. Grégoire Ponchon, CEO of Framatome, said the stake offers "an additional lever to enhance sovereignty and ensure supply chain security," pointing to the EPR2 nuclear project and defence work. As Europe rebuilds nuclear capacity and defence output, reactor makers are moving upstream to secure the specialist suppliers those programmes depend on.

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