Pelican Energy Partners completed the acquisition of Lancs Industries.

Pelican Energy Partners, a highly specialized private equity fund, completed the acquisition of Lancs Industries, a provider of radiation containment and shielding solutions. Financial terms were not disclosed. "Pelican is excited to partner with Lancs in the next stage of their journey. The Company is a highly regarded supplier of radiation containment and shielding solutions to critical customers in the nuclear supply chain. We aim to drive growth and create new jobs in Albuquerque, reinforcing the area's long legacy in nuclear energy," Sam Veselka, Pelican Managing Director.