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Kinectrics agrees to be acquired by BWX Technologies for $525M
Jan 11, 2025•over 1 year ago
Contract Type
agreement
TorontoConsultingBuilding Maintenance
Description
BWX Technologies has signed an agreement and committed $525 million to purchase Kinectrics, a nuclear services company that operates in East Tennessee and is building a first-of-its-kind test facility in Oak Ridge. After the acquisition closes, Kinectrics will operate as a subsidiary under the same brand and management team as BWXT.
Company Information
Company
Kinectrics
Location
Toronto, Ontario, Canada
About
Kinectrics is an integrated lifecycle management services company providing testing, inspection, certification and engineering consulting for the electric power generation, transmission, and distribution markets worldwide.
TorontoConsultingBuilding Maintenance