M&A Deal Summary

Westinghouse Electric Acquires NA Engineering Associates

On July 22, 2019, Westinghouse Electric acquired engineering company NA Engineering Associates

Acquisition Highlights
  • This is Westinghouse Electric’s 2nd transaction in the Engineering sector.
  • This is Westinghouse Electric’s 1st transaction in Canada.
  • This is Westinghouse Electric’s 1st transaction in Ontario.

M&A Deal Summary
Date 2019-07-22
Target NA Engineering Associates
Sector Engineering
Buyer(s) Westinghouse Electric
Deal Type Add-on Acquisition

Target

NA Engineering Associates

Stratford, Ontario, Canada
NA Engineering Associates, Inc. is a provider of comprehensive engineering solutions including significant nuclear expertise.NA Engineering provides personal attention combined with state-of-the-art technology to ensure engineering deliverables meet the requirements of nuclear clients. NA Engineering Associates, Inc. was founded in 1994 and is based in Stratford, Ontario.

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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 3 of 8
Sector (Engineering) 2 of 3
Type (Add-on Acquisition) 2 of 5
State (Ontario) 1 of 2
Country (Canada) 1 of 2
Year (2019) 1 of 2
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-26 Rolls Royce Holdings - Civil Nuclear Business

London, United Kingdom

Rolls Royce Holdings plc - Civil Nuclear Business operates 11 sites in Canada, France, the UK, and the U.S. The division has grown into a formidable provider of instrumentation and control systems; inspections, testing, and site services; plant automation and monitoring systems; and digital services.

Buy -
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