NUKEM Technologies Engineering Services GmbH (NUKEM), a globally renowned company specializing in radioactive and hazardous waste management and the decommissioning of nuclear facilities, is pleased to announce the successful closing of its acquisition by the Tokyo-based company Muroosystems Corp.

This follows the signing of the purchase agreement on 29 May 2024, marking a pivotal moment in NUKEM’s journey. Muroosystems acquired the company from the insolvency administrator of NUKEM’s previous German parent, NUKEM Technologies GmbH.

The strategic decision to sell NUKEM was made in 2022 due to the challenging geopolitical landscape and the complexities of operating under Russian ownership. Since then, extensive negotiations have taken place with potential buyers who recognized the immense value of NUKEM’s products and its highly skilled team.

The completion of this acquisition by Muroosystems Corp. heralds a new beginning for NUKEM during these turbulent times. This transition allows NUKEM to re-enter markets that were previously inaccessible under the former ownership structure, ensuring that the company’s expertise and long-standing experience can once again be fully leveraged.

As part of the closing process, all necessary regulatory approvals have been obtained and commitments to third parties have been diligently fulfilled. The effective date of the economic transfer of the company to the new owner is 25 September 2024.

Thomas Seipolt, Managing Director of NUKEM, commented on the completion of the transaction:

“We are thrilled with the positive reception from the market following the announcement of our new ownership. This enthusiasm reinforces our belief in the strong potential of this partnership. With Muroosystems, we will continue to build on our strong foundation in nuclear decommissioning and radioactive waste management while seeking new growth opportunities. We are particularly excited about expanding into innovative areas like nuclear fusion technology, which aligns with the global shift toward sustainable energy solutions. We look forward to leveraging this momentum to further our success and deliver exceptional value to our customers and partners.”

Nobuaki Ninomiya, Executive Board Member of Muroosystems Corp., added:

“NUKEM’s headquarters in Karlstein am Main is located on the site of Germany’s first nuclear power plant. The plant’s decommissioning and the restoration of the site to its current state were both successfully carried out by NUKEM. By integrating advanced technologies with our expertise in IT, we will create new synergies that will boost our competitiveness in developing next-generation energy solutions. In the future, we plan to solidify our business base in Europe and actively expand into the Asian market.”

ENDS

NUKEM Technologies in Karlstein am Main, Germany, is globally active in the fields of radioactive waste and spent fuel management, decommissioning of nuclear facilities, engineering and consulting. For more than 60 years, NUKEM Technologies has been offering customised products, technologies and services in which innovation, solution expertise and excellent implementation are closely linked.

Muroosystems Corporation, established in 2006, is a Japanese IT company. It focuses on IT solutions centered around decentralized data centers and engages in power development projects primarily based on renewable energy.