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Eckert & Ziegler acquires sources and waste business of EnergySolutions in the UK
DGAP-News: Eckert & Ziegler Strahlen- und Medizintechnik AG / Key
word(s): Acquisition
Eckert & Ziegler acquires sources and waste business of
EnergySolutions in the UK
17.05.2013 / 15:19
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Berlin, May 17, 2013. Eckert & Ziegler AG is to acquire EnergySolution's UK
sources and waste business effective June 2013. The waste management
segment, based in Didcot near London, provides a range of services centered
on the management of low-level radioactive materials and sources.
EnergySolutions EU made the decision to sell the division in line with its
corporate focus on serving the nuclear decommissioning, clean-up and waste
management markets in the UK and mainland Europe.
The business unit generated sales of around EUR2.5 million in 2012 with its
12 employees and, following its acquisition, will significantly reinforce
Eckert & Ziegler's role as an international company in the safe disposal
and recycling of industrial, scientific and medical radiation sources.
'We don't expect the acquisition to pressure our earnings,' explained Dr.
Gunnar Mann, Head of Environmental Services. 'In fact, we will be able to
take advantage of major synergies with existing business in Environmental
Services right from the get-go. This takeover will also help us strengthen
our position as the first port of call in the UK for the safe disposal and
professional recycling of radiation sources. We are excited to have
acquired such an experienced team of experts and believe that our customers
will be able to benefit hugely from the new addition.'
Richard Waite, President, UK and Europe at EnergySolutions said: 'I am
delighted that Eckert & Ziegler will be the ones taking forward the
continuing growth of the sources and waste business. Our over-riding aim at
the beginning of the sale process was to find a good home for the business
and Eckert & Ziegler represent a strong and complimentary fit for the
specialist services it offers customers. We are confident that the skilled
and dedicated staff at Didcot will be a valuable asset for Eckert & Ziegler
as it grows its business base.'
About Eckert & Ziegler
Eckert & Ziegler AG (ISIN DE0005659700) is one of the world's largest
providers of isotope technology for industry, radiotherapy and nuclear
medicine. The company also offers customers a range of services in the
disposal and recycling of low-level radiation sources.
About EnergySolutions
EnergySolutions offers customers a full range of integrated services and
solutions, including nuclear operations, characterization, decommissioning,
decontamination, site closure, transportation, nuclear materials
management, processing, recycling, and disposition of nuclear waste, and
research and engineering services across the nuclear fuel cycle.
If you have any questions please contact:
Eckert & Ziegler AG, Karolin Riehle, Investor Relations
Robert-Rössle-Str. 10, 13125 Berlin, Germany
Tel.: +49 (0) 30 / 94 10 84-138, karolin.riehle@ezag.de, www.ezag.com
End of Corporate News
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17.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Eckert & Ziegler Strahlen- und Medizintechnik AG
Robert-Rössle-Str.10
13125 Berlin
Germany
Phone: 49 30 941084-138
Fax: 49 30 941084-112
E-mail: karolin.riehle@ezag.de
Internet: www.ezag.de
ISIN: DE0005659700
WKN: 565970
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of News DGAP News-Service
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211656 17.05.2013
Berlin, May 17, 2013. Eckert & Ziegler AG is to acquire EnergySolution's UK
sources and waste business effective June 2013. The waste management
segment, based in Didcot near London, provides a range of services centered
on the management of low-level radioactive materials and sources.
EnergySolutions EU made the decision to sell the division in line with its
corporate focus on serving the nuclear decommissioning, clean-up and waste
management markets in the UK and mainland Europe.
The business unit generated sales of around EUR2.5 million in 2012 with its
12 employees and, following its acquisition, will significantly reinforce
Eckert & Ziegler's role as an international company in the safe disposal
and recycling of industrial, scientific and medical radiation sources.
'We don't expect the acquisition to pressure our earnings,' explained Dr.
Gunnar Mann, Head of Environmental Services. 'In fact, we will be able to
take advantage of major synergies with existing business in Environmental
Services right from the get-go. This takeover will also help us strengthen
our position as the first port of call in the UK for the safe disposal and
professional recycling of radiation sources. We are excited to have
acquired such an experienced team of experts and believe that our customers
will be able to benefit hugely from the new addition.'
Richard Waite, President, UK and Europe at EnergySolutions said: 'I am
delighted that Eckert & Ziegler will be the ones taking forward the
continuing growth of the sources and waste business. Our over-riding aim at
the beginning of the sale process was to find a good home for the business
and Eckert & Ziegler represent a strong and complimentary fit for the
specialist services it offers customers. We are confident that the skilled
and dedicated staff at Didcot will be a valuable asset for Eckert & Ziegler
as it grows its business base.'
About Eckert & Ziegler
Eckert & Ziegler AG (ISIN DE0005659700) is one of the world's largest
providers of isotope technology for industry, radiotherapy and nuclear
medicine. The company also offers customers a range of services in the
disposal and recycling of low-level radiation sources.
About EnergySolutions
EnergySolutions offers customers a full range of integrated services and
solutions, including nuclear operations, characterization, decommissioning,
decontamination, site closure, transportation, nuclear materials
management, processing, recycling, and disposition of nuclear waste, and
research and engineering services across the nuclear fuel cycle.
If you have any questions please contact:
Eckert & Ziegler AG, Karolin Riehle, Investor Relations
Robert-Rössle-Str. 10, 13125 Berlin, Germany
Tel.: +49 (0) 30 / 94 10 84-138, karolin.riehle@ezag.de, www.ezag.com
End of Corporate News
---------------------------------------------------------------------
17.05.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Eckert & Ziegler Strahlen- und Medizintechnik AG
Robert-Rössle-Str.10
13125 Berlin
Germany
Phone: 49 30 941084-138
Fax: 49 30 941084-112
E-mail: karolin.riehle@ezag.de
Internet: www.ezag.de
ISIN: DE0005659700
WKN: 565970
Listed: Regulierter Markt in Frankfurt (Prime Standard), Stuttgart;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München
End of News DGAP News-Service
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211656 17.05.2013
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