Pelican Energy Partners Acquires Container Technologies Industries, LLC
January 8, 2024
Houston-based private equity firm Pelican Energy Partners has acquired Container Technologies Industries, LLC (CTI), a Helenwood, Tennessee manufacturer of containment solutions for the nuclear industry, from a group of private (legacy) shareholders. In addition to a majority buyout, Pelican provided growth capital to expand CTI’s manufacturing capacity and has appointed Dr. Danielle Castley as President to lead capability expansion and serve DOE, DOD and commercial nuclear customers.
- Buyers
- Pelican Energy Partners
- Targets
- Container Technologies Industries, LLC
- Sellers
- Group of private shareholders (legacy shareholders)
- Industry
- Manufacturing
- Location
- Tennessee, United States
- Transaction Type
- Buyout
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