Centrus Energy Acquires Westerman Holdings For ~$116M, Funded Through Combination Of ~$95M Cash On Hand And $21M Of Equity

Centrus Energy Corp. has acquired Westerman Holdings for approximately $116 million, financed with about $95 million in cash and $21 million in equity. This acquisition secures a key supplier of centrifuge components and diversifies Centrus' revenue by expanding into adjacent non-nuclear manufacturing markets. The transaction is anticipated to enhance growth through commercial and operational synergies, and is expected to be accretive to adjusted earnings per share in the first year.