Mirion Agrees To Acquire Paragon Energy Solutions From Windjammer Capital Investors For ~$585M In Cash
2025-09-24 19:08
- Broadens Mirion's portfolio of offerings for nuclear power customers, including SMRs
- Attractive purchase price of $585 million in cash
- Accretive to diluted EPS within the first full year post acquisition
- Creates path to anticipated commercial and cost synergies of $10 million
- Brings best-in-class talent to Mirion with long-term relationships with nuclear OEMs
- Mirion to host conference call and live webcast on September 24 at 10:00 a.m. ET
Mirion ("we" or the "company") (NYSE:MIR), a global provider of radiation detection, measurement, analysis, and monitoring solutions to the nuclear, medical, defense, and research end markets, has entered into a definitive agreement to acquire Paragon Energy Solutions ("Paragon"), one of the leading providers of highly engineered solutions for the nuclear power industry, from Windjammer Capital Investors for approximately $585 million in cash.