M&A Deal Summary

Wartsila Acquires Trident B.V.

On December 21, 2017, Wartsila acquired marine company Trident B.V.

Acquisition Highlights
  • This is Wartsila’s 18th transaction in the Marine sector.
  • This is Wartsila’s 4th transaction in the Netherlands.

M&A Deal Summary

Date 2017-12-21
Target Trident B.V.
Sector Marine
Buyer(s) Wartsila
Deal Type Add-on Acquisition

Target

Trident B.V.

Terneuzen, Netherlands
Trident B.V. is a innovative underwater service supplier specialising in repair, overhaul, and maintenance of propulsion systems, hull, and machinery. With fully equipped workshops and certified personnel in the Netherlands, Italy, and Canary Islands, the company serves customers around the globe.

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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 31 of 34
Sector: Marine M&A 18 of 20
Type: Add-on Acquisition M&A Deals 27 of 30
Country: Netherlands M&A 4 of 4
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-10 Guidance Marine

Leicester, United Kingdom

Guidance Marine Ltd. is a technology provider in the marine industry for sensor solutions relating to dynamic positioning and other vessel control systems, such as collision avoidance and remote control operations. Guidance Marine Ltd. was founded in 1991 and is based in Leicester, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-02 LOCK-N-STITCH

Turlock, California, United States

LOCK-N-STITCH, Inc. specialises in cast iron repairs, and its expertise will complement the service offering of the QuantiServ business line. By incorporating the technologies and skills of LOCK-N-STITCH into the QuantiServ products portfolio, customers operating multiple brands can be offered a more comprehensive service. Furthermore, LOCK-N-STITCH has experience in the application of 3D technology for repair services. The recent development includes utilisation of 3D scanners for scanning of broken parts and 3D design of tailor made replacement castings.

Buy -