Centrus Energy said on 19 October 2026 it had completed the acquisition of Westerman Holdings for about US$116m in cash and stock.
Why Centrus Energy Corp. is buying Westerman Holdings, LLC
Westerman already manufactures centrifuge casings and other major components for Centrus; owning it secures a key part of the supply chain and diversifies manufacturing capacity.
Deal terms and financing
Centrus paid US$95m in cash and US$21m in Class A shares, part of which went to repay Westerman's subordinated notes and term loan.
Regulatory approvals and timing
The transaction has closed.
Market context
Centrus said the acquisition brings a key supplier in-house and diversifies its manufacturing capacity for centrifuge components.
Sources
In the rankings
