Global Infrastructure SherpaStudsvik acquires Kärnfull Next to expand into SMR project development
Swedish nuclear technical services provider Studsvik acquired Kärnfull Next, a small modular reactor (SMR) project development company. This acquisition expands Studsvik's role from supporting existing nuclear fleets to developing new nuclear projects, positioning the company to capitalize on the growing interest in SMR technology in Sweden and globally.
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Swedish nuclear services firm Studsvik is stepping into new territory, acquiring SMR project developer Kärnfull Next. Announced March 9, 2026, this move takes Studsvik beyond its traditional role of supporting operational nuclear fleets. The acquisition allows the company to directly develop new nuclear projects, aiming to capitalize on the rising demand for small modular reactors in Sweden and internationally. This fundamentally shifts Studsvik's core business model.
- Studsvik, a nuclear technical services provider, is the buyer.
- Kärnfull Next is an SMR project development company.
- Deal announced March 9, 2026.
- Acquisition value was not disclosed.
Timeline
Announced
Mar 9, 2026
Signed
Closed
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