Wärtsilä acquires electrical power engineering company in Scotland

Wärtsilä Corporation, Press release 1 August 2007 at 12:00 UTC+2

Wärtsilä has acquired a Scottish company Electrical Power Engineering (Scotland) Ltd. The company specializes in electrical power engineering solutions for marine, offshore, industrial and utilities segments. The annual net sales of the company are approximately EUR 20 million and the company employs 31 people, mainly electrical engineers.

Main activity covers full electrical conversion and upgrade of marine power systems and offshore applications.

Electrical Power Engineering Ltd. is based in Montrose, Scotland, where they design and build their own control panels, automation solutions and switchgear. The company also operates in the USA offering service, maintenance and project support in the Gulf of Mexico area.

“The purchase of Electrical Power Engineering will further expand our service offering. The company will add depth to Wärtsilä’s existing automation business”, says Mr Tage Blomberg, Group Vice President, Wärtsilä Services.

“For Electrical Power Engineering the acquisition will open up new markets, as part of Wärtsilä and will enable the company to compete for larger projects”.

For further information, please call: Ms Eeva Kainulainen, VP Corporate Communications, Wärtsilä, tel. +358 10 709 5235

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 15,000 professionals manning 130 Wärtsilä locations in close to 70 countries around the world.