A Moon nuclear engineering services company has been acquired by London-based Rolls-Royce Holdings Plc, a power systems company with operations around the world.
PKMJ Technical Services will join the Rolls-Royce nuclear portfolio. PKMJ, which employs about 100 people, helps nuclear firms measure equipment obsolescence and increase the reliability of reactor parts.
Terms of the acquisition were not disclosed. Rolls-Royce manufactures aircraft engines but has recently expanded its nuclear division. PKMJ is the company's second acquisition in the U.S. nuclear industry this year.
"Our investment in PKMJ represents another significant step towards growing our global civil nuclear business and providing customers with a suite of services to deliver safe and efficient lifecycle operations," said Lawrie Haynes, president of Rolls-Royce's nuclear division, in a statement. The company has about 3,000 employees in the U.K., France, the Czech Republic, North America and China.
Erich Schwartzel: email@example.com or 412-263-1455.