WWesterman Holdings, LLCCECentrus Energy Corp.
Industrials › Machinery & Equipment
We found a possible difference from the filing on: Status. The figures shown are the ones currently published.
Overview
Centrus Energy Corp. acquired Westerman Holdings, LLC, one of its largest and most diversified suppliers, for approximately $116 million, funded through a combination of approximately $95 million of cash on hand and $21 million of equity. Centrus acquired all of Westerman's business lines, and Westerman has become a subsidiary within Centrus and will continue to operate under the Westerman name.
Deal rationale
The acquisition secures a key centrifuge component supplier and de-risks Centrus' supply chain by bringing critical manufacturing capabilities in-house, while diversifying Centrus' revenue base and expanding its manufacturing platform through commercial and operational synergies.
AI-generated from the SEC filingTimeline
Valuation and terms
| Equity value | $116M | Headline figure |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash and stock |
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