Wärtsilä has agreed to divest its Gas Solutions business to the German private equity investor Mutares SE & Co. KGaA. The business unit’s core expertise includes handling of gas in maritime transport, inert gas systems, enabling gas-to-power, and delivering liquefaction and biogas solutions.
Operating globally, Gas Solutions supports customers on their journey towards a sustainable future through focus on lifecycle expertise, innovation and digitalisation.
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Divestment from Portfolio Business
As part of Wärtsilä Portfolio Business, Gas Solutions has operated independently to accelerate performance improvements and unlock value to Wärtsilä through divestment. In 2024, the annual revenue of Gas Solutions was EUR 300 million.
Bernd Bertram, Head of Portfolio Business, Wärtsilä: ’This divestment is yet another proof point of our Portfolio Business divestment strategy coming to life. With Mutares, Gas Solutions will have a strong platform to continue driving the business, for the benefit of its customers and the highly skilled Gas Solutions professionals.’
Subject to approvals, the transaction is expected to be completed in the second quarter of 2026.
Picture by Wärtsilä Corporation.
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