Centrus Energy acquires key supplier Westerman for $116 million

By EC Assets · Published

Centrus Energy Corp. has acquired Westerman Holdings, LLC. Centrus announced the acquisition, which brings a key supplier in-house for the company. The deal also diversifies Centrus' manufacturing capacity. Centrus Energy, trading under the NYSE ticker LEU, is a nuclear fuel and services supplier. Westerman was one of Centrus' largest suppliers. The transaction values Westerman at $116 million. Centrus Energy's stock has experienced sharp movements in recent years. This volatility brings attention to whether the company's current valuation aligns with its earnings power. This article is intended for informational purposes only. It does not constitute investment advice.

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