Nuclear energy icon Westinghouse Electric Co. has signed a definitive agreement to acquire Rolls-Royce’s Civil Nuclear Systems and Services business in North America, Kallanish Energy reports.
The deal, for an undisclosed price, expands Westinghouse’s global capabilities in digital, engineering services, plant automation and monitoring systems, field services and manufacturing.
“Creating customer value and supporting our customers’ operations is a key driver for Westinghouse. Acquiring Rolls-Royce will strengthen our ability to serve the nuclear operating fleet through an expanded presence in our core business while adding new digital offerings,” said Patrick Fragman, Westinghouse president and CEO.
The acquisition of Rolls-Royce will:
* Expand Westinghouse’s operating plant services capabilities
* Enhance the company’s digital innovation efforts to optimize customer planning and maintenance, and provide engineering solutions to maximize cost effectiveness and obsolescence risk
* Support both Westinghouse’s and Rolls-Royce’s global customer base through an expanded presence and synergies between both companies, enhancing customer offerings and experience in field services and plant automation
* Further enable Westinghouse’s growth while supporting customers in the North American and European nuclear markets
Rolls-Royce operates 11 sites in Canada, France, the United Kingdom and the U.S.
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