Add-on Acquisition • Marine

Wartsila Acquires Claus D. Christophel Mess- und Regeltechnik

On June 2, 2008, Wartsila acquired marine company Claus D. Christophel Mess- und Regeltechnik

Acquisition Context
  • This is Wartsila’s 14th transaction in the Marine sector.
  • This is Wartsila’s 5th transaction in Germany.

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M&A Deal Summary

Date June 2, 2008
Target Claus D. Christophel Mess- und Regeltechnik
Sector Marine
Buyer(s) Wartsila
Deal Type Add-on Acquisition

Target Company

Claus D. Christophel Mess- und Regeltechnik

Hamburg, Germany
Claus D. Christophel Mess- und Regeltechnik GmbH specializes in the design, delivery and service of automation systems for ship owners and yards. The company is based in Hamburg and has three business areas, which are maritime information technology, project engineering and customer service.
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Buyer Overview 1

Buyer

Wartsila

Helsinki, Finland

Category Company
Founded 1834
Sector Marine
Employees18,753
Revenue 6.4B EUR (2024)
DESCRIPTION
Wärtsilä's corporate headquarters in Helsinki.
Wärtsilä's corporate headquarters in Helsinki.

Wartsila is a provider of smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency, and data analytics, Wartsila maximises the environmental and economic performance of the vessels and power plants of its customers. Wartsila was established in 1834 and is based in Helsinki, Finland.


Deal Context for Buyer #
Overall 19 of 34
Sector: Marine 14 of 20
Type: Add-on Acquisition 16 of 30
Country: Germany 5 of 6
Year: 2008 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-24 International Combustion Engineering A/S

Svenstrup, Denmark

International Combustion Engineering A/S specializes in project engineering and the service and repair of steam boilers and ancillary burner systems. The company has its headquarters in Aalborg, Denmark. I.C.E. has a strong market position, particularly with merchant vessels, while its major customers are shipping companies around the world.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-04 Navelec SAS

Le Havre, France

Navelec SAS is a French company specializing in marine navigation and communication systems, electrical marine services, and control and automation services. Navelec enjoys a valuable reputation among its key customers and has a broad knowledge of various vessel types, including fly boats, ferries, carriers, tugs and cruise ships. Navelec also has promising growth opportunities within the yacht segment.

Buy -

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