Rolls-Royce Expands Nuclear Energy Operations With PKMJ Purchase

From Bloomberg

By Robert Wall

Rolls-Royce Holdings Plc (RR/) is expanding its nuclear energy operations with the purchase of U.S. engineering firm PKMJ Technical Services.

The acquisition for an undisclosed price aims to accelerate growth in nuclear services, London-based Rolls-Royce said in a statement today. It is the company’s second acquisition in the U.S. in this industry, where it supports about half the nuclear reactors.

Rolls-Royce, Europe’s largest maker of commercial aircraft engines, has been working to bolster its non-aerospace activities in both renewable and nuclear energy. The company last year announced a collaboration with Hitachi Ltd. (6501) to work on new atomic reactors in the U.K.

Click here to read more

Add Comment

By posting your comment, you agree to abide by our Posting rules


© 2013 Energy Tribune

Scroll to top