Centrus Energy acquires key centrifuge component maker Westerman for $116M to boost supply chain and diversify revenue.

Centrus Energy has acquired Westerman Holdings for approximately $116 million to secure a critical supplier of centrifuge components and expand its manufacturing capabilities. This acquisition strengthens Centrus' supply chain resilience and diversifies its revenue by adding Westerman's non-nuclear industrial customers. The deal is expected to enhance operational efficiencies and support Centrus' expansion in uranium enrichment capacity. Westerman will continue operating under its brand as a subsidiary, contributing to growth for both companies.

Centrus Energy Corp's stock (LEU) is trading at USD 117.00, up 1.79% as of Oct 19, 2026 18:31 WIB on Pluang. This rise coincides with the company's strategic acquisition of Westerman Holdings, which aims to diversify its manufacturing capacity and strengthen its supply chain. The stock's market cap stands at $2.35 billion, reflecting investor interest in Centrus' expanding uranium enrichment operations.