Wärtsilä acquires German ship automation company
Wärtsilä Corporation, Press release, 2 June 2008, at 16.30 EET
Wärtsilä has acquired the German company Claus D. Christophel Mess-
und Regeltechnik GmbH (CDC), which specializes in the design,
delivery and service of automation systems for ship owners and yards.
The company is based in Hamburg and has three business areas, which
are maritime information technology, project engineering and customer
service.
"CDC has an excellent proven track record, solid references, and an
outstanding reputation among its customers. The company's operations
will contribute to a significant increase in Wärtsilä's automation
and electrical engineering competence and fits, therefore, Wärtsilä
automation services' strategy well," says Tage Blomberg, Group Vice
President, Wärtsilä Services.
"In addition, the highly skilled and specialised service personnel of
CDC will give valuable support to Wärtsilä's service categories",
Blomberg continues.
CDC's net annual sales were EUR 2.1 million in 2007. The company
employs 12 people, all of whom have a high degree of competence in
electrical engineering.
CDC's operations will be integrated into Wärtsilä Services and all
employees will continue as Wärtsilä employees. The company's founder
and former owner, Mr. Claus D. Christophel, will continue working for
Wärtsilä. The acquisition value is not published.
Through the acquisition, CDC's customers will benefit from Wärtsilä's
wider scope of services and global network.
Further information:
Tage Blomberg, Group Vice President, Wärtsilä Services, tel.
+358-40-5057568
Thomas Becker, Managing Director, Wärtsilä Deutschland, tel.
+49-40-75190 0
Claus D. Christophel, Managing Director, CDC, tel. +49-40-754966 0
Tuula Franck, Press Manager, Wärtsilä Corporation, tel.
+358-400-267555
Wärtsilä in brief
Wärtsilä enhances the business of its customers by providing them
with complete lifecycle power solutions. When creating better and
environmentally compatible technologies, Wärtsilä focuses on the
marine and energy markets with products and solutions as well as
services. Through innovative products and services, Wärtsilä sets out
to be the most valued business partner of all its customers. This is
achieved by the dedication of over 17,000 professionals manning 160
Wärtsilä locations in 70 countries around the world. Wärtsilä is
listed on The Nordic Exchange in Helsinki, Finland.
www.wartsila.com