Morning Briefing - December 04, 2023
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December 04, 2023

Westinghouse becomes sole owner of Tecnatom

By ExchangeMonitor

Westinghouse Electric said Nov. 29 it has acquired the remaining 50% of Tecnatom, a Spanish nuclear services business, from Endesa, Madrid, for an undisclosed amount.

Westinghouse bought a 50% interest in Tecnatom in 2021 and ran the company jointly with Endesa, an electric company serving Spain and Portugal. Tecnatom is a Spanish engineering and digital company that has served the nuclear sector since 1957, Westinghouse said in a press release.

Tecnatom is a global leader in non-destructive examination for the nuclear and aerospace industries, Westinghouse said in the release. No sales price was revealed in the press release.

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