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

Centrus Energy acquired Westerman Holdings, one of its largest suppliers, for approximately $116 million — about $95 million cash and $21 million in equity. Westerman manufactures centrifuge casings and other key components for Centrus and brings roughly 400 employees across four facilities in Ohio, Oklahoma, and Wyoming, plus a non-nuclear customer base in oil and gas and industrial markets.

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