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Wärtsilä completes acquisition of Transas
May 7, 2018

The technology group Wärtsilä announces that its acquisition of Transas, a global company headquartered in the U.K., has now been finalized. The acquisition, which was announced in March 2018, has a transaction value of EUR 210m (enterprise value). Transas is a global market leader in marine navigation solutions that include complete bridge systems, digital products and electronic charts. Transas currently has net annual sales in the region of EUR 140m and employs approximately 1000 people

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