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M&A Deal Summary

Wartsila Acquires Transas

On March 19, 2018, Wartsila acquired marine company Transas

Acquisition Highlights
  • This is Wartsila’s 20th transaction in the Marine sector.
  • This is Wartsila’s 6th transaction in the United Kingdom.

M&A Deal Summary
Date 2018-03-19
Target Transas
Sector Marine
Buyer(s) Wartsila
Deal Type Add-on Acquisition

Target

Transas

Portsmouth, United Kingdom
Transas is a provider of marine navigation solutions that include complete bridge systems, digital solutions and electronic charts. The company is also a leader in professional training and simulation services, ship traffic control, as well as monitoring, and decision-support tools. Transas leverages the latest advances in machine learning to create a unified cloud-based platform for managing operations across the entire marine ecosystem. The company has 22 regional offices worldwide and a distribution network that spans 120 countries. Its workforce of approximately 1000 employees includes a large and competent team of engineers who, together with Wärtsilä’s team, will accelerate the development of smart digital products.

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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 34 of 34
Sector: Marine M&A 20 of 20
Type: Add-on Acquisition M&A Deals 30 of 30
Country: United Kingdom M&A 6 of 6
Year: 2018 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-19 Transas

St. Petersburg, Russia

Transas is a manufacturer of onshore marine safety equipment, marine and aviation on-board equipment, integrated navigation systems, marine and aviation training devices, digital navigation and map solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-31 Wartsila - Pumps Business

Aalborg, Denmark

Wartsila's Pumps Business designs, manufactures, and markets niche pumps, primarily deep well and in-line pumps to the marine and oil & gas industries. Wartsila's Pumps Business is based in Aalborg, Denmark.

Sell -
Mergr

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