M&A Deal Summary

Wartsila Acquires Stockholms Fartygsreparationer AB

On October 16, 2006, Wartsila acquired marine company Stockholms Fartygsreparationer AB

Acquisition Highlights
  • This is Wartsila’s 7th transaction in the Marine sector.
  • This is Wartsila’s 1st transaction in Sweden.

M&A Deal Summary

Date 2006-10-16
Target Stockholms Fartygsreparationer AB
Sector Marine
Buyer(s) Wartsila
Deal Type Add-on Acquisition

Target

Stockholms Fartygsreparationer AB

Stockholm, Sweden
Stockholms Fartygsreparationer handles all types of ship repair on the eastern coast of Sweden.

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Buyer(S) 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 STATS #
Overall 10 of 34
Sector: Marine M&A 7 of 20
Type: Add-on Acquisition M&A Deals 8 of 30
Country: Sweden M&A 1 of 4
Year: 2006 M&A 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-03 INTEC Injectortechnic

Hamburg, Germany

INTEC Injectortechnic GmbH specialized in fuel injection equipment, providing installation and services of injection components for marine diesel engines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-07 Schiffko

Hamburg, Quebec, Germany

Schiffko GmbH specializes in the planning and design of ships especially in the container, research and offshore vessel segments. It also provides consultancy including project management and also all kinds of supervisory work for shipowners and shipyards utilizing SCHIFFKO’s extended global maritime network of partners and experts. The company has a strong reputation and market position in these segments. SCHIFFKO is located in Hamburg, Germany, but operates globally.

Buy -