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Announced

Completed

Westinghouse Electric completed the acquisition of BHI 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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Single Bidder

Friendly

construction engineering

Private

Majority

Acquisition

United States

Machinery: Construction

Domestic

Completed

Synopsis

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Westinghouse Electric, a nuclear power company, completed the acquisition of BHI Energy, a construction engineering company. Financial terms were not disclosed. “Both Westinghouse and BHI customers will benefit from the integrated industry-leading practices from both companies. The combination of these complementary organizations further strengthens our ability to serve the nuclear operating fleet through an expanded presence in our core business, while setting a new standard in outage and maintenance efficiencies," Patrick Fragman, Westinghouse President and CEO.

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