Wärtsilä pays EUR 210 million for UK-based navigation firm

Wärtsilä has acquired UK-based Transas, a supplier whose products include navigation systems for shipping, for EUR 210 million.

Photo: PR-foto/Wärtsilä

Finland's Wärtsilä, a major supplier of technology for shipping, has acquired UK-based Transas.

The acquisition price is EUR 210 million and the transaction is expected to be finalized in the second quarter of 2018. With the purchase, Wärtsilä is taking over 22 regional offices and 1000 employees.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news


See all

See all