Westinghouse Electric Company, a global supplier of nuclear plant products and technologies based in Cranberry Township, Pa., recently signed a definitive agreement to acquire Rolls-Royce’s Civil Nuclear Systems and Services business in North America.
“Creating customer value and supporting our customers’ operations is a key driver for Westinghouse,” Patrick Fragman, president and CEO of Westinghouse, said. “Acquiring Rolls-Royce will strengthen our ability to serve the nuclear operating fleet through an expanded presence in our core business while adding new digital offerings. This acquisition is an important step in our growth strategy. We look forward to welcoming the employees of Rolls-Royce to Westinghouse.”
The acquisition will expand Westinghouse’s operating plant services capabilities, enhance its digital innovation efforts, further enable its growth and support Westinghouse’s and Rolls-Royce’s global customer base, the company said.
Rolls-Royce operates 11 sites in the United States, Canada, France, and the United Kingdom.
The transaction is subject to customary closing conditions and regulatory approvals.