BNFL sells Reactor Sites Management Company to EnergySolutions
The sale includes Magnox Electric Limited, a wholly-owned subsidiary of RSMC, which holds the contracts and licences to operate ten nuclear reactor sites in the UK on behalf of the Nuclear Decommissioning Authority. RSMC currently employs 70 staff and has, through MEL, responsibility for a further 3,500 employees across the UK sites under its management.
In commenting on the agreement reached with EnergySolutions, BNFL Group Chief Executive Michael Parker said “We believe that this business and its people will have a strong future as part of an ambitious organisation capable of injecting complementary skills to further increase value for the Nuclear Decommissioning Authority.
Crucially a sale to EnergySolutions will also provide a good home and much broader career opportunities for our people and first rate value for our shareholder.”
Rothschild acted as financial adviser on this transaction. Legal advice has been provided by Freshfields Bruckhaus Deringer.
Latest Businesses for Sale
Digital printing specialists, commercial and retail stationers, lithographic printing and various ancilliary services. Freehold retail shop and long leased factory unit. Sale price includes all equipment and properties. NP £80k...
Three Victorian houses joined together to form a luxury 8,500 sq. ft. facility. Includes reception, two lounges, four dining rooms, 16 en-suite bedrooms, music room, two kitchens, conservatory, bar, sauna, hot tub and more...
With over £60k worth of trading, the company has a very reputable name within the tourist and leisure market. Excellent potential...
View More Businesses for Sale >>
Businesses for Sale
Do you want to gain access to the latest businesses for sale as well as all UK administrations, liquidations and all winding-up petitions?
Business Sale Report is your complete solution to finding great aquisition opportunities.
10 Biggest Buyer Mistakes
Fill in your details below to get our FREE guide