M&A Deal Summary

Wartsila Acquires MMI Boiler Management Pte

On March 5, 2012, Wartsila acquired marine company MMI Boiler Management Pte

Acquisition Highlights
  • This is Wartsila’s 17th transaction in the Marine sector.
  • This is Wartsila’s 3rd transaction in Singapore.

M&A Deal Summary

Date 2012-03-05
Target MMI Boiler Management Pte
Sector Marine
Buyer(s) Wartsila
Deal Type Add-on Acquisition

Target

MMI Boiler Management Pte

Singapore, Singapore
MMI Boiler Management Pte Ltd., the Singapore-based company specialising in the service and maintenance of boilers for marine and industrial applications. MMI Boiler Management has its main operations in Singapore and coverage throughout Southeast Asia and the Pacific region.

Search 205,905 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Wartsila

Helsinki, Finland

Category Company
Founded 1834
Sector Marine
Employees18,338
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 originally established in 1834 and is based in Helsinki, Finland.


DEAL STATS #
Overall 24 of 34
Sector (Marine) 17 of 20
Type (Add-on Acquisition) 21 of 30
Country (Singapore) 3 of 3
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-31 Hamworthy

Poole, United Kingdom

Hamworthy is a market-global company providing specialist equipment and services to the marine, oil & gas and industrial sectors.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-16 L-3 Marine Systems International

Germany

L-3 Marine Systems International (L-3 MSI) is a sector within L-3’s Electronic Systems business segment. L-3 MSI is a turnkey supplier of complete electrical systems, as well as integrated navigation, automation, communications, energy distribution and propulsion systems for all types of ships. L-3 MSI has 1,700 employees in 38 locations and 14 countries.

Buy €285M