Wärtsilä

January 10, 2012

Wärtsilä will acquire marine oil & gas engineering firm Hamworthy in a £383 million cash deal. The merger ‘will allow both organisations to broaden and enhance their capabilities in rapidly evolving offshore and marine applications as well as environmental solutions markets,’ Wärtsilä said. The acquisition is expected to close 1Q 2012, pending Hamworthy shareholder approval and clearance from German and Norwegian regulators.



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