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New Deal


Announced

newcleo to acquire Hydromine Nuclear Energy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Renewable Energy Equipment

Acquisition

Majority

United States

Friendly

Private

Cross Border

Pending

Single Bidder

sustainable energy

Synopsis

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newcleo, the clean and safe nuclear technology company, agreed to acquire Hydromine Nuclear Energy, a sustainable energy company. Financial terms were not disclosed. "In 1994, I started to work with Carlo Rubbia at CERN on approaches to producing safe, renewable and clean energy. I realised then that it would be possible to disrupt the energy sector with a scalable industrial application of our scientific findings. Having created Advanced Accelerator Applications as a ground-breaking company in theragnostic nuclear medicine, I have founded newcleo with the same vision: to bring existing nuclear innovative technologies to market for the benefit of the whole world," Stefano Buono, newcleo CEO.

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