Wärtsilä to divest its Gas Solutions business to Mutares SE & Co. KGaA

Wärtsilä Corporation, Press release 22 December 2025 at 08:30 UTC+2

Wärtsilä has agreed to divest its Gas Solutions business to the German private equity investor Mutares SE & Co. KGaA.

Gas Solutions is recognised as a market leader, offering innovative systems and comprehensive lifecycle solutions for the gas value chain. Its core expertise includes handling of gas in maritime transport, inert gas systems, enabling gas-to-power, and delivering liquefaction and biogas solutions. Operating globally, Gas Solutions supports customers on their journey towards a sustainable future through focus on lifecycle expertise, innovation and digitalisation.

As part of Wärtsilä Portfolio Business, Gas Solutions has operated independently to accelerate performance improvements and unlock value to Wärtsilä through divestment. In 2024, the annual revenue of Gas Solutions was EUR 300 million.

Bernd Bertram, Head of Portfolio Business, Wärtsilä says: “This divestment is yet another proof point of our Portfolio Business divestment strategy coming to life. With Mutares, Gas Solutions will have a strong platform to continue driving the business, for the benefit of its customers and the highly skilled Gas Solutions professionals.” 

Subject to approvals, the transaction is expected to be completed in the second quarter of 2026.

Media contact:
Anne Alarotu  
Head of External Communications  
Wärtsilä  
Mobile: +358 50 487 1308  
media@wartsila.com

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Wärtsilä in brief
Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. We emphasise innovation in sustainable technology and services to help our customers continuously improve environmental and economic performance. Our dedicated and passionate team of 18,300 professionals in more than 230 locations in 77 countries shape the decarbonisation transformation of our industries across the globe. In 2024, Wärtsilä’s net sales totalled EUR 6.4 billion. Wärtsilä is listed on Nasdaq Helsinki. 
www.wartsila.com