M&A Deal Summary

Westinghouse Electric Acquires Astare SA

On October 1, 2007, Westinghouse Electric acquired engineering company Astare SA

Acquisition Highlights
  • This is Westinghouse Electric’s 1st transaction in the Engineering sector.
  • This is Westinghouse Electric’s 1st transaction in France.

M&A Deal Summary

Date 2007-10-01
Target Astare SA
Sector Engineering
Buyer(s) Westinghouse Electric
Deal Type Add-on Acquisition

Target

Astare SA

Orsay, France
Astare SA is a nuclear engineering company produces nuclear related products.

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Buyer(S) 1

Buyer

Westinghouse Electric

Cranberry Township, Pennsylvania, United States

Category Company
Founded 1884
Sector Energy Services and Equipment
DESCRIPTION

Westinghouse Electric is providing nuclear energy technologies, products and services to utilities around the world. Its mission is to focus on a much broader goal; using the power of intellect, collaboration and innovation to build on the legacy of our founder, and to create a cleaner, safer and sustainable carbon-free future for generations to follow. Westinghouse Electric was founded in 1884 and is based in Cranberry Township, Pennsylvania.


DEAL STATS #
Overall 1 of 8
Sector: Engineering M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 5
Country: France M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1994-02-01 WESCO

Pittsburgh, Pennsylvania, United States

WESCO is a distributor of electrical, data communications, general maintenance, repair, and operating (MRO) and electrical OEM products. WESCO was founded in 1922 and is based in Pittsburgh, Pennsylvania.

Sell $330M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-27 CB&I Stone & Webster

Boston, Massachusetts, United States

CB&I Stone & Webster, Inc. is a provider of nuclear construction and integrated services businesses.

Buy -