Centrus acquires Westerman Holdings for $116 million
LEU•Centrus Energy acquired Westerman Holdings in a deal valued at $116 million, funded with $95 million in cash and $21 million in equity. The company expects the deal to be accretive to adjusted EPS in its first year after closing.
1. Acquisition details
Centrus Energy acquired Westerman Holdings, bringing a key supplier in-house and diversifying its manufacturing capacity. The $116 million acquisition was funded with $95 million in cash and $21 million in equity. Westerman will continue operating under its name, and Centrus expects the deal to be accretive to adjusted EPS in the first year after closing.
