# Wärtsilä acquires Transas for EUR 210 million

Wärtsilä is buying navigation solutions specialist Transas for EUR 210 million ($258 million). The acquisition will speed Wärtsilä's Smart Marine Ecosystem vision and is expected to close in Q2 2018.

- Type: Acquisition
- Announced: 2018-03-19
- Where: United Kingdom
- Value: $258.0M (210.0M EUR)
- Status: announced
- Products: navigation solutions, simulators, fleet operation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Wärtsilä](https://endata.com/companies/254.md) (acquirer)
- [Transas](https://endata.com/companies/3012.md) (target)

## Sources

- [splash247.com](https://splash247.com/wartsila-acquires-transas-258m/), 2018-03-19: "Technology group Wärtsilä is buying navigation solutions specialist Transas for EUR210m ($258m)."

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