Centrus Energy Acquires Westerman Holdings for $116 Million

Key Facts

1Centrus Energy acquired its key supplier Westerman Holdings for approximately $116 million.

2The deal was funded through $95 million in cash on hand and $21 million in equity.

Centrus Energy acquired its key supplier Westerman Holdings for approximately $116 million. According to a PR Newswire report, the deal was funded through $95 million in cash on hand and $21 million in equity. The acquisition brings a primary supplier of centrifuge components in-house and aims to diversify the company's addressable market into non-nuclear manufacturing.

LEU closed at $114.94 on October 16, 2026, with the stock trading between a day low of $112.61 and a high of $126.47 during that session. The transaction adds Westerman’s portfolio of oil and gas production equipment and engineered industrial systems to Centrus' operations, utilizing manufacturing facilities located in Ohio, Oklahoma, and Wyoming.