# Wärtsilä divests pumps business to Solix Group

Wärtsilä sold its Wärtsilä Pumps business, based in Aalborg, Denmark, to Solix Group, a Scandinavian investment company. Pumps business sales were about EUR 50 million in 2017. The deal was announced on 31 October 2018.

- Type: Acquisition
- Announced: 2018-10-31
- Where: Aalborg, Denmark
- Status: completed
- Products: deepwell pumps, in-line pumps, marine pumps
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Wärtsilä](https://endata.com/companies/254.md) (partner)
- [Solix Group](https://endata.com/companies/11793.md) (acquirer)

## Sources

- [offshore-energy.biz](https://www.offshore-energy.biz/wartsila-sheds-pumps-business-to-solix-group/), 2018-10-31: "Finnish technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden."
- [wartsila.com](https://www.wartsila.com/media/news/31-10-2018-wartsila-divests-its-pumps-business-2309587), 2018-10-31: "Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.