Mirion Technologies gain on deal to acquire Paragon Energy for $585 million

Mirion Technologies

24/09/2025 12:40

** Shares of Mirion Technologies MIR.N up 7.6% at $26.47 premarket

** Co says it has agreed to acquire Paragon Energy Solutions from Windjammer Capital Investors for about $585 million in cash

** Adds that the acquisition is anticipated to add to diluted earnings per share in the first full year after close

** It also anticipates to generate attractive annualized commercial and cost synergies of $10 million by year five

** The deal is expected to close before the end of this year

** As of last close, MIR shares up ~41% YTD

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))