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EnergySolutions acquires Studsvik, Inc. assets and technology


Published Feb 13, 2014
EnergySolutions, Inc.

EnergySolutions, Inc. has reached an agreement to acquire Studsvik, Inc.'s Tennessee processing facilities and exclusive rights to its THOR technology in the commercial North America market and China.

The agreement also includes EnergySolutions' acquisition of Studsvik Inc.'s membership interests in Semprasafe, LLC, which is a joint venture with EnergySolutions.

"This acquisition and the buyout of Studsvik's interest in the Semprasafe joint venture will further strengthen our position as the market leader in low-level nuclear waste", said David Lockwood, President and CEO of EnergySolutions.

"With this transaction, we are expanding our range of products and services to offer our customers a complete solution -- transportation, processing and disposal -- for waste management."

Tags: EnergySolutions, Inc.




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