Business Services Industry
Wartsila Corporation acquires Danish boiler services company
Nordic Business Report, April 24, 2008
NORDIC BUSINESS REPORT-24 April 2008-Wartsila Corporation acquires Danish boiler services company(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish power plants and ship power solutions supplier Wartsila Corporation (OMX Helsinki:WRTAV) said on Thursday (24 April) that it has acquired the Danish company International Combustion Engineering A/S (I.C.E.).
I.C.E. specialises in project engineering and the service and repair of steam boilers and ancillary burner systems. The company has its headquarters in Aalborg, Denmark.
The acquisition of I.C.E. will expand Wartsila's service offering into the new category of boiler services, the company said.
The value of the deal is not published.
Wartsila Corporation supplies power solutions for the marine and energy markets. The company has over 16,000 employees in 70 countries.
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
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