CRANBERRY TOWNSHIP, Pennsylvania, Sept. 26, 2019 /PRNewswire/ -- Today, Westinghouse Electric Company signed a definitive agreement to acquire Rolls-Royce's Civil Nuclear Systems and Services business in North America, expanding Westinghouse's global capabilities in digital, engineering services, plant automation and monitoring systems, field services and manufacturing.
"Creating customer value and supporting our customers' operations is a key driver for Westinghouse. 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," said Patrick Fragman, Westinghouse president and chief executive officer. "This acquisition is an important step in our growth strategy. We look forward to welcoming the employees of Rolls-Royce to Westinghouse."
The acquisition of Rolls-Royce will:
Rolls-Royce operates 11 sites in Canada, France, the United Kingdom and the United States.
The transaction is subject to customary closing conditions and regulatory approvals.
Westinghouse Electric Company is the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world. Westinghouse supplied the world's first commercial pressurized water reactor in 1957 in Shippingport, Pa., U.S. Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants. For more information, please visit www.westinghousenuclear.com.
Contact: Sarah CassellaManager, External CommunicationsWestinghouse Electric CompanyTelephone: +1 412-374-4744Email: cassels@westinghouse.com
