EnergySolutions Sale of Projects, Products and Technology Division to Atkins Final
Apr 11, 2016
EnergySolutions, Inc. announced today that it has officially completed the sale of its Projects, Product and Technology (PP&T) business to WS Atkins plc, a UK listed design, engineering and project management consultancy company with operations around the world.
As previously announced, the sale of this division is part of a business strategy which will allow the company to place more emphasis on its core business capabilities which include transportation, logistics, processing and disposal (LP&D). In addition to the LP&D business EnergySolutions will retain its reactor decommissioning business, including current projects at Zion, IL and LaCrosse, WI, and its North American utility services, including liquid waste processing, fuel pool services, and other commercial projects.
“We are pleased to have finalized the sale of the Federal and P&T Division to Atkins. The completion of this sale positions EnergySolutions to better serve our customers’ needs and the growth opportunities in the decommissioning and decontamination marketplace,” said David Lockwood, CEO of EnergySolutions. “Our primary focus is to ensure we meet the logistics, transportation, processing and waste disposition needs for the U.S. Department of Energy, U.S. Navy and commercial nuclear facilities,” added Lockwood.
In addition to strengthening EnergySolutions’ core capabilities, the completion of this transaction enables the company to focus on investment opportunities which will continue to better serve its customers.
*EnergySolutions offers customers a full range of integrated services and solutions, including nuclear operations, characterization, decommissioning, decontamination, site closure, transportation, nuclear materials management, processing, recycling, and disposition of nuclear waste, and research and engineering services across the nuclear fuel cycle. *
For additional information please contact Mark Walker at 801- 231 -9194.