Baumert, subsidiary of Vigians, new brand of Groupe Gorgé Protection of High-risk Installations, and Prezioso Linjebygg, subsidiary of Altrad group, announce the signature of a Memorandum of Understanding for a joint project to offer a full set of passive fire protection solutions for nuclear environments.
Drawing on their deep experience and expertise in the nuclear industry, Baumert and Prezioso Linjebygg will join forces to offer their customers in France and abroad a turnkey solution that encompasses engineering, certification, supply, installation and maintenance of solutions that protect trunkways and ventilation ducts.
This balanced collaboration will enhance each partner's expertise and offer their customers reliable, competitive and innovative solutions. Baumert and Prezioso Linjebygg will bring their technical expertise and renowned complementary technological innovations. They will bring together their project management competencies along with their robust resources in assembly teams that are qualified in the nuclear industry.
Construction programs for nuclear plants, as well as compliance requirements and the maintenance of active nuclear facilities are an important growth driver for the nuclear industry. The markets identified for the partnership cover all these operations and are valued at several tens of millions of euros.
Groupe Gorgé and Prezioso Linjebygg (Altrad group) awarded a first contract of close to €20 million euros
Baumert, subsidiary of Groupe Gorgé, and Prezioso Linjebygg, subsidiary of Altrad group, have been awarded a contract of close to €20 million euros in the nuclear field. This contract covers the qualification, supply and installation of cable-trays wrapping for a third generation nuclear power plant.
A major contract which marks the first success of Baumert - Prezioso Linjebygg partnership which aims at offering turnkey passive fire protection solutions to protect cable-trays and ventilation ducts in nuclear environments.
As part of the contract, more than 6,000 linear meters of different technical solutions addressing demanding fire requirements will be supplied and installed.
This contract represents close to €10 million for Groupe Gorgé and will mainly be executed in 2018.
About PREZIOSO Linjebygg
PREZIOSO Linjebygg, a subsidiary of the ALTRAD Group, is an international leader on the industrial services market in the energy production sectors, particularly nuclear and Oil & Gas. The Group works on all types of nuclear sites and infrastructure. It designs and develops integrated service solutions on the market of new construction and maintenance in order to help extend the life of its customers' facilities by providing a broad range of services: inspection, maintenance, repair of structures, cold repair, surface treatment, sealing, passive fire protection, access and confinement methods, cleaning and decontamination, integrity of installations.
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About Groupe Gorgé
Founded in 1990, Groupe Gorgé is an independent group that specializes in high-tech industries. Today, the Group is active in the fields of security and protection in extreme environments, as well as in the 3D printing sector. In its more than twenty-five year history, Groupe Gorgé has always developed and driven the latest technological and industrial innovations.
Smart Safety Systems:
Developing innovative, complete technological solutions for complex tasks in hostile and challenging environments.
Protection of High-Risk Installations:
Protecting people and providing active and passive protection of installations for the energy markets and the industrial and tertiary sectors in France. Providing maintenance for these protection systems.
Enabling major industry players to find new routes to successful innovation and production processes by providing systems, 3D printers and new premium materials.
In 2016, the Group reported revenue of €281.2 million. It is backed by 1,800 employees and operations in over ten countries.
More information available at
Groupe Gorgé is listed on NYSE Euronext Paris.
ISIN code: FR0000062671
Ticker code: GOE
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