Turnover: 15 million EUR (2022)

Country: France

  • Founded in 1921, SEGAULT has been designing and manufacturing valves for extreme applications in the nuclear, petrochemical and aeronautical test bench sectors since 1950.
  • 80 employees
  • Supply of valves used for:
    • Reactor buildings in a quarter of the world's operating nuclear power plants,
    • Nuclear boilers on board all French nuclear submarines and the Charles de Gaulle aircraft carrier,
    • Aeronautical test benches with valves operating at 2000°K,
    • Petrochemical processes requiring valves with delicate seals for hydrogen at 550°C in the presence of alumina balls, dust and fines...
  • SEGAULT manufactures globe valves, ball valves, butterfly valves, gate valves, check valves and check valves.

News

Bruno Le Maire blocks the sale of Segault to American Flowserve 06/10/2023

  • Velan, a Canadian company, had planned to sell its French activities to the American Flowserve for $245 million.
  • This transaction was blocked by the French Ministry of the Economy.
  • Velan's French assets include Segault, which manufactures valves for French nuclear submarines, and Velan SAS, which also supplies valves for French nuclear reactors.
  • The Segault part of Velan generates sales of less than 15 million euros.
  • Velan SAS generates sales of around 70 million euros.

French government blocks takeover of Segault by US company Flowserve 01/07/2023

  • Segault was founded in 1921. Segault designs and produces valves for the nuclear, petrochemical and aeronautical test bench sectors.
  • The company has sales of 13.7 million euros in 2020.
  • The company has been 75% owned by the Canadian Velan group since 2007.
  • The remaining 25% is owned by Frédéric Segault, a descendant of the company's founders.
  • Segault has 80 employees.
  • Texas-based Flowserve had offered to acquire Velan for $245 million.

Studies mentioning this company

The industrial valve market - France

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