Announced
Financials
Sources
Tags
Acquisition
Switzerland
Majority
Pending
Single Bidder
pumping services
Production Technology Equipment
Cross Border
Private
Friendly
Synopsis
newcleo, a nuclear technology company, agreed to acquire Rütschi, a producer of engineered pumps for nuclear applications, from Gruppo Aturia, a provider of fluid transfer technologies, for $76m. “I am delighted to welcome the Rütschi Group team to newcleo. The addition of a further 70 colleagues with outstanding skills in nuclear engineering and project management, of manufacturing facilities in key geographies such as France and Switzerland and a high quality customer base brings a further important step in newcleo’s industrialisation strategy," Stefano Buono, newcleo Chairman and CEO.
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