Introduction
Mirion Technologies is an industrial measurement and detection company specializing in radiation detection and monitoring solutions. Founded in 1988, the company has grown to become a global leader in the nuclear safety and security industry, providing products and services to customers in over 100 countries. As such, it is essential to understand who owns Mirion Technologies and how the company is structured.
Exploring the History of Mirion Technologies – The Story of Its Ownership
To understand the current ownership structure of Mirion Technologies, it is important to look back at the history of the company and trace its ownership through the years. In 1988, Mirion was founded by Dr. David E. Williams, a physicist and entrepreneur with a passion for nuclear science and technology. While the company initially focused on developing radiation detection equipment for the medical market, it soon expanded its product line to include nuclear power plant safety applications.
In the early 2000s, Mirion made a series of strategic acquisitions that helped shape the company into what it is today. In 2003, the company purchased Micro-X, a leading manufacturer of portable radiation detectors. In 2006, they acquired Saphymo, a leading producer of radiation monitoring systems. And in 2007, they acquired NTD, a leader in nuclear power plant safety systems.
In 2010, Mirion Technologies was acquired by the French private equity firm Eurazeo. This marked a new chapter in the company’s history as Eurazeo provided the capital and resources to help the company expand its operations and continue to develop innovative products and services.
In 2016, Eurazeo sold their stake in Mirion Technologies to the British private equity firm Montagu Private Equity. Montagu has continued to support the growth of the company and has invested heavily in expanding its product offerings and customer base.
Understanding the Ownership Structure of Mirion Technologies
Today, Mirion Technologies is owned by a group of investors led by Montagu Private Equity. Montagu holds a majority stake in the company and is the largest shareholder. Other major shareholders include the venture capital firm Insight Partners, the investment firm BlackRock, and the Swiss-based private equity firm Partners Group.
In addition to these major shareholders, there are a number of other investors involved in the ownership of Mirion Technologies. These include the venture capital firm 3i, the private equity firm Permira, and the venture capital fund Gilde Healthcare.
Conclusion
Mirion Technologies is a global leader in the nuclear safety and security industry. To understand the company and its ownership structure, it is important to look back at its history and trace the ownership through the years. Today, the company is owned by a group of investors led by Montagu Private Equity, which holds a majority stake in the company. Other major shareholders include Insight Partners, BlackRock, and Partners Group. Additionally, there are a number of other investors involved in the ownership of Mirion Technologies.
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