Wärtsilä has completed the acquisition of Hamworthy. The control of the company was transferred as of 31 January 2012. The acquisition will enhance Wärtsilä’s capabilities in the offshore, marine gas applications, and environmental solutions markets and it will provide synergies.
In November 2011, Wärtsilä announced that it had reached agreement with the Board of Hamworthy in regards to a recommended cash offer for the acquisition of Hamworthy, a global provider of specialist equipment and services to the marine, oil and gas and industrial sectors. Hamworthy will be integrated as a business unit within Wärtsilä’s Ship Power business.
