It was announced today that Babcock International Group PLC, the engineering support services company, is to acquire UKAEA Ltd, the parent company of Dounreay Site Restoration Ltd.
Babcock already has one of the largest specialist nuclear services resources in the UK with well established positions in both the civil and military nuclear operational support and decommissioning markets. The company has a long association with Dounreay. BNS Nuclear Services is a key sub-contractor on decommissioning the fast reactors.
The announcement was made by Babcock International to the London Stock Exchange.