Wärtsilä to acquire Transas for EUR 210 million

Wärtsilä agreed to acquire UK-headquartered Transas, a marine navigation and simulation software company with about EUR 140 million annual sales and roughly 1,000 employees, for an enterprise value of EUR 210 million. Closing is expected in the second quarter of 2018.

“The transaction is valued at MEUR 210 (enterprise value) and is expected to be closed during the second quarter of 2018.”wartsila.com

• 1 source
• wartsila.comWärtsilä acquires Transas to accelerate its Smart Marine Ecosystem visionMar 19, 2018

Summarized from public sources; check the original articles before acting on it.