Support services firm takes ownership of commercial arm that decommissions nuclear plant sites
Support services firm Babcock International has completed its £38m purchase of the commercial arm of the UK’s Atomic Energy Agency.
UKAEA handles decommissioning work at sites in Scotland, Dorset and Oxfordshire and employs 230 people.
The government announced its intention to sell off the body earlier this year and in September said Babcock would take 100% ownership of the firm.
Babcock chief executive, Peter Rogers, said: "We are delighted to announce the completion of the acquisition of UKAEA. With a world class reputation in the nuclear market place and more than 50 years' experience, UKAEA operates in nuclear site management, operations and decommissioning and it has a number of established advisory roles.”