Pelican Energy Partners has acquired Lancs Industries, enhancing its presence in the nuclear energy sector by leveraging Lancs' 50 years of expertise in radiation containment and shielding solutions.

Target Information

Pelican Energy Partners has successfully acquired Lancs Industries, a prominent provider of radiation containment and shielding solutions. Based in Albuquerque, New Mexico, Lancs Industries has been operational since 1974, marking a significant milestone of 50 years in the industry. The Company specializes in offering products tailored for the U.S. Department of Energy's nuclear waste remediation efforts, commercial nuclear power, the U.S. Navy, national laboratories, and the pharmaceutical sector. Lancs is recognized for its innovative radiation protection products and equipment, including both lead and lead-free shielding solutions, establishing a strong reputation in the nuclear industry.

Under this acquisition, Lancs aims to leverage Pelican's resources and expertise to enhance its market position and operational capabilities. The partnership seeks to reinforce the Company's commitment to providing superior safety solutions within the nuclear sector while encouraging local job growth in Albuquerque.

Industry Overview in the U.S.

The nuclear industry in the United States plays a crucial role in the country's energy landscape, contributing significantly to its power generation and energy security. The sector is characterized by a robust demand for advanced safety and containment s