Pelican Energy Partners acquires Veridiam
The platform investment centers on a precision manufacturer of components for nuclear, aerospace, defense, and medical applications, from an affiliate of Equity Group Investments, with transaction terms undisclosed in the announcement.
Takeaways
- Veridiam is a precision fabrication of exotic metal components for nuclear, medical, aerospace, defense, and space applications.
- Pelican Energy Partners is acquiring Veridiam.
- The target serves nuclear, medical, aerospace, defense, space across United States.
Pelican Energy Partners acquired Veridiam, a precision manufacturer of components for nuclear, aerospace, defense, and medical applications, from an affiliate of Equity Group Investments.
The El Cajon, California-based company will serve as a platform for Pelican’s expansion in the U.S. nuclear supply chain, manufacturing mission-critical parts such as fuel channel components and complex assemblies from advanced materials.
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