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Announced

EnergySolutions to acquire Williams Industrial Services for $60m.

Synopsis

EnergySolutions, a provider of energy and industrial services, agreed to acquire Williams Industrial Services, a provider of infrastructure related services to blue-chip customers in energy and industrial end markets, for $60m. "We are very excited to announce this transaction. This is a strategic move that will allow EnergySolutions to expand our nuclear services offerings to existing nuclear operating plants and, ultimately, to support the nuclear industry's drive to create more clean, carbon-free energy through nuclear plant life extension work and the construction of new technologies. We understand that Williams has been through a difficult time, but we are confident that this acquisition will be a positive for the Williams' businesses we are acquiring. This acquisition will nicely complement our existing business lines and provide an excellent platform for future growth and expansion into other sectors of the nuclear industry," Ken Robuck, EnergySolutions President and CEO.

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