Canberra for Sale Again

Canberra’s analytical offerings include radiochemistry laboratory products as well as spectrometers for security applications. A proposed sale of Canberra was abandoned in 2013 (see IBO 7/15/13).

Courbevoie, France 6/29/15—Nuclear and renewable energy firm AREVA has announced that it plans to sell its Canberra business. Canberra provides nuclear measurement systems and instrumentation, including products for waste characterization and lab measurements. Headquartered in Connecticut with over one thousand employees worldwide, Canberra generated€180 million ($240 million = €0.75 = $1) in sales in 2014. AREVA stated that it plans to sell the business in order to “refocus on its nuclear fuel cycle activities.”

< | >