Premier American Uranium Acquires Nuclear Fuels Inc.

Uranium Energy Corp Acquires UEX Corporation

June 13, 2022

Energy

Uranium Energy Corp. (UEC) agreed to acquire all outstanding common shares of UEX Corporation (UEX) via a statutory plan of arrangement, using a share exchange of 0.0831 UEC shares for each UEX share (implied C$0.43 per UEX share, ~50% premium). The deal, expected to close in Q3 2022, combines UEC's U.S. production-ready ISR assets and physical uranium holdings with UEX's Canadian exploration portfolio in Saskatchewan and Nunavut to create a larger North American-focused uranium company.

NAC International Acquires Assets of Niagara Energy Products (NEP) via New Canadian Subsidiary

June 19, 2023

Manufacturing

NAC International Inc. established a Canadian subsidiary, Niagara Energy Products Inc. (NEP Inc.), and NEP Inc. acquired substantially all of the assets of Niagara Energy Products (NEP). The acquisition gives NAC a Canadian nuclear manufacturing platform in Niagara Falls, Ontario, expanding its capabilities to supply nuclear containers, pressure-boundary components and waste-management solutions to the Canadian and North American nuclear market.

Kewaunee Scientific Acquires NuAire for $55 Million

November 1, 2024

Manufacturing

Kewaunee Scientific Corporation (NASDAQ: KEQU) completed the acquisition of Minneapolis-based NuAire for $55 million, expanding Kewaunee’s product portfolio and distribution footprint in laboratory and pharmacy equipment. The deal preserves NuAire’s leadership in biological safety cabinets and related airflow and cold-storage products, with Bill Peters remaining as NuAire President; financing was provided by PNC Bank and Carl Marks Securities served as financial advisor.

Energy Fuels Acquires RadTran LLC

August 16, 2024

Biotechnology

Energy Fuels Inc. acquired RadTran LLC, a private specialist in radioisotope separation, to accelerate development and production of medical isotopes (notably Ra-226 and Ra-228) used in targeted alpha therapies for cancer. The deal (closed August 16, 2024) paid $1.5M cash, $1.5M in shares, a 2% royalty on future radium revenues and up to $14M in additional cash/shares tied to milestones; RadTran's CEO Saleem Drera joins Energy Fuels to lead radioisotope efforts.

Curtiss-Wright Corporation Acquires Ultra Energy (Ultra Nuclear Limited and Weed Instrument) for $200M

January 4, 2025

Aerospace & Defense

Curtiss-Wright Corporation completed the acquisition of Ultra Energy — including Ultra Nuclear Limited and Weed Instrument — for $200 million in cash. The purchase expands Curtiss-Wright's safety-critical measurement and control capabilities in commercial nuclear, aerospace and defense markets; Ultra Energy reported approximately $65 million in 2023 sales and the business employs about 300 people with operations in Wimborne, United Kingdom and Round Rock, Texas.

Foremost Clean Energy Acquires Initial 20% Option on Denison's Uranium Exploration Properties

October 7, 2024

Energy

Foremost Clean Energy entered an option agreement with Denison Mines under which Foremost acquired an initial 20% of Denison's interest in 10 uranium exploration properties in the Athabasca Basin in exchange for issuing 1,369,810 Foremost shares to Denison (approx. 19.95% of Foremost). The option agreement allows Foremost to earn up to 70% of Denison's interest over three phases with additional cash/stock payments and exploration expenditure commitments to fund further earn-in phases.