M&A Deal Summary

Wärtsilä Acquires Hamworthy

On January 31, 2012, Wärtsilä acquired machinery company Hamworthy

Acquisition Highlights
  • This is Wärtsilä’s 2nd transaction in the Machinery sector.
  • This is Wärtsilä’s 4th transaction in the United Kingdom.

M&A Deal Summary
Date 2012-01-31
Target Hamworthy
Sector Machinery
Buyer(s) Wärtsilä
Deal Type Add-on Acquisition

Target

Hamworthy

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

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Buyer(S) 1

Buyer

Wärtsilä

Helsinki, Finland
Category Company
Founded 1834
Sector Marine
Employees17,386
Revenue 4.6B EUR (2020)
DESCRIPTION
Wärtsilä's corporate headquarters in Helsinki.
Wärtsilä's corporate headquarters in Helsinki.

Wärtsilä Oyj Abp 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, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. Wärtsilä was originally established in 1834 and is based in Helsinki, Finland.

DEAL STATS #
Overall 23 of 34
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 20 of 30
Country (United Kingdom) 4 of 6
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-13 Cedervall & Söner AB

Gothenburg, Sweden

Cedervall & Söner AB is one of the major manufacturers of shaft seal and bearing systems for the marine industry. Cedervall is headquartered in Gothenburg, Sweden, and the company has subsidiaries in Spain, China and Singapore, with manufacturing facilities in Sweden, China and Spain.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-05 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.

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Mergr

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