Announced
Completed
Synopsis
Brookfield-backed Westinghouse Electric, the nuclear energy company, completed the acquisition of the Civil Nuclear Systems and Services business, which offers services from engineering and software and data solutions to maintenance optimization and field services, from Rolls-Royce, a British multinational engineering company. Financial terms were not disclosed. "Both Westinghouse and Rolls-Royce Civil Nuclear customers will gain an expanded presence and benefit from synergies between our companies. With this strategic investment, we are enhancing our customer offerings in order to support their long-term operating goals to produce carbon-free, cost-effective and reliable energy," Patrick Fragman, Westinghouse President, and CEO.
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