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Wärtsilä Oyj Abp 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.
