# Mimir acquires Wärtsilä Euroatlas from Wärtsilä

Mimir Group agreed to acquire Wärtsilä Euroatlas GmbH from Wärtsilä Corporation. Euroatlas, based in Bremen, makes power conversion systems for naval, aviation and mobile land applications; closing is expected in Q3 2021.

- Type: Acquisition
- Announced: 2021-05-30
- Where: Bremen, Germany
- Status: announced
- Products: high-performance power conversion systems, retrofits and spare parts
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Wärtsilä](https://endata.com/companies/254.md) (partner)
- [Mimir Group](https://endata.com/companies/10787.md) (acquirer)
- [Euroatlas](https://endata.com/companies/14899.md) (target)

## Sources

- [mimirinvest.com](https://mimirinvest.com/news/wartsila-divests-euroatlas-to-mimir/), 2021-05-30: "Mimir Group today announces its acquisition of Wärtsilä Euroatlas GmbH from Wärtsilä Corporation (HEX:WRT1V)."

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