Wärtsilä Corporation, Press release, 3 March 2008, at 2.30 pm EET
Wärtsilä has acquired the Norwegian company Maritime Service AS, which specializes in ship service, mechanical and reconditioning services. Maritime Service has its operations in Ålesund, in More region on the west coast of Norway.
Maritime Service is well-positioned within fishery segment and has promising business potential in the ferry and off-shore vessel businesses. The purchase of Maritime Service will strengthen Wärtsilä’s position and expand Wärtsilä’s service offering in More region in Western Norway.
The annual net sales of Maritime Service were 26 million NOK (EUR 3.2 million) in 2007. The company employs 28 people, of which 25 are service workers. Maritime Service’s businesses will be integrated into Wärtsilä Services business in Norway. All employees will continue as Wärtsilä employees. The value of the deal is not published.
“Maritime Service’s skilled personnel, knowhow and established customer relations within fishery are a valuable addition to Wärtsilä’s offering,” says Mr Tage Blomberg, Group Vice President, Wärtsilä Services.
“Through the acquisition, Maritime Service will benefit from Wärtsilä’s broad capabilities and service offering, strong market presence and customer relations,” Blomberg continues.
Tage Blomberg, Group Vice President, Wärtsilä Services, tel. +358-40-5057568
Sveinung Hansen, Vice President, Services, Wärtsilä Norway, tel. +47-91753434
Ove Rorvik, Managing Director, Maritime Service AS, tel. +47-90846857
Eeva Kainulainen, VP Corporate Communications, Wärtsilä Corporation, tel. +358-40-5680591
Wärtsilä in brief
Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 16,000 professionals manning 150 Wärtsilä locations in 70 countries around the world. Wärtsilä is listed on The Nordic Exchange in Helsinki, Finland.