Westinghouse completed the acquisition of the remaining 50% stake in Tecnatom from Endesa.

Westinghouse, an American manufacturing company, completed the acquisition of the remaining 50% stake in Tecnatom, an engineering company, from Endesa, a Spanish multinational electric utility company. Financial terms were not disclosed. “We are very pleased to welcome Tecnatom into the Westinghouse team. The partnership established in 2021 with Endesa revealed the depth of expertise and potential of Tecnatom teams, complementing exceptionally well the portfolio of Westinghouse's existing activities. We are looking forward to integrating Tecnatom fully into Westinghouse, at a time when our utility and industrial customers require the highest level of expertise and performance to help them successfully operate their existing operations and implement their plans for new capacities,” Patrick Fragman, Westinghouse President and CEO.