Centrus Acquires Westerman Holdings, LLC, Bringing a Key Supplier In-House and Diversifying Its Manufacturing Capacity

Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?

Centrus Energy's stock has slid on dilution concerns after its $116 million Westerman Holdings acquisition and $500 million stock offering, despite a $3.7 billion uranium backlog and new nuclear fuel contracts.

Centrus Acquires Westerman Holdings, LLC, Bringing a Key Supplier In-House and Diversifying Its Manufacturing Capacity

Secures a key centrifuge component supplier and best-in-class manufacturer with an existing and growing business

Centrus completes $116m Westerman manufacturing acquisition

Centrus Energy has completed its acquisition of Westerman Holdings LLC. The approximately $116m transaction brings specialist centrifuge-component fabrication within the nuclear fuel business, adding four US facilities, about 400 employees and established non-nuclear industrial customers.

Centrus Energy adds Westerman in US$116M purchase

The completed acquisition uses US$95 million in cash and US$21 million in equity, adding four manufacturing facilities and about 400 employees.

Centrus buys manufacturing company in $116 million transaction

(Page 1) Centrus Energy acquired one of its manufacturing suppliers, Westernman Holdings, in a transaction for nearly $116 million, Centrus said Monday. The

Centrus acquires supplier Westerman Holdings in $116 million deal

PIKETON, Ohio — Centrus Energy Corp., the company leading a multibillion-dollar uranium enrichment expansion at its American Centrifuge Plant in Piketon, announced it has acquired one of its key equipment suppliers for about $116 million. Centrus said it bought Westerman Holdings LLC, a manufacturer that makes centrifuge casings and other major centrifuge components for Centrus, […]