TOC EventsBühler GmbHViganVan AalstTelestackCoaltrans Asia 2021
  • TOC Events
  • Telestack
  • TMS Awards 2021
  • Bühler GmbH
  • Van Aalst
  • The Wolfson Centre for Bulk Solids Handling Technology

Wärtsilä divests pumps business

(Posted on 01/11/18)

The technology group Wärtsilä has divested its pumps business to Solix Group, a Scandinavian investment company with offices in Copenhagen, Denmark and Malmö, Sweden. Wärtsilä Pumps has belonged to the Wärtsilä Marine Solutions organisation and became part of the company along with the acquisition of Hamworthy in 2012. The Wärtsilä Pumps business recorded sales of approximately 50 MEUR in 2017. 

The divestment will enable Wärtsilä to devote greater focus to its Smart Marine vision. This is based on the rapid introduction of new technologies, which are creating unprecedented levels of efficiency and cost savings. Wärtsilä is committed to leading the industry’s transition towards a smart marine ecosystem through the extensive use of digitalisation and connectivity, as well as deep collaboration with customers and partners.

Headquartered in Aalborg, Denmark, Wärtsilä Pumps designs, manufactures, and markets niche pumps. primarily deepwell and in-line pumps, to the marine and oil & gas industries. The company has had a market presence for more than 100 years, and its brands include Svanehøj, Hamworthy Pumps, Eureka and Dolphin. Its leading products are used in mission critical applications, such as cargo offloading, fuel gas handling, ballasting, engine cooling, fire protection and exhaust gas cleaning, where easy access and safe handling of the equipment is of extreme importance.

“Pumps will continue to be an integral part of Wärtsilä’s various gas and fuel gas system solutions. We foresee a strong future for this business with a dedicated new owner who will become an important supplier to Wärtsilä,” says Timo Koponen, Vice President, Processing Solutions, Wärtsilä.

Wärtsilä Pumps has legal assets in Denmark and Singapore, which together represent a significant share of its operations. Most of the business’s 230 employees are located in those countries. Additionally, there are some 20 people employed in Wärtsilä subsidiaries in seven countries, and in production facilities in China.

Latest News

Ocean Technologies releases 50 titles in Chinese

(Posted on 29/07/21)

Acknowledging the importance of China as a crew-supply nation, Ocean Technologies Group has added an... Read more


New Product Manager increases Superior’s wet processing resources

(Posted on 29/07/21)

Superior Industries, Inc., a U.S.-based manufacturer and global supplier of bulk material processing... Read more


New Bedeschi project for Italcementi

(Posted on 27/07/21)

Bedeschi has signed a new order with Italcementi for the supply of clay handling equipment and other... Read more


Survitec enhances lifeboat inspection solution

(Posted on 26/07/21)

Leading survival technology provider, Survitec, has relaunched its lifeboat inspection solution underpinned... Read more


Cimbria affirms sustainability focus with new Bamboo Chain Conveyor

(Posted on 23/07/21)

Cimbria, a world leader in the field of high-tech solutions for Grain & Seed processing, has strengthened... Read more


Takraf unloader key to Australian terminal’s expansion

(Posted on 20/07/21)

A TAKRAF double jib level luffing ship unloader has arrived at an important deep-water port on the Australian... Read more


RIX Shipmanagement selects KVH’s CaaS programme

(Posted on 15/07/21)

Global dry-cargo and multipurpose ship operator RIX Shipmanagement Ltd has chosen KVH Industries&rsquo... Read more


ABB’s new digital solution helps optimize ship performance

(Posted on 15/07/21)

New online platform, ABB Ability Marine Fleet Intelligence – Advisory, combines the power of cloud... Read more


Mastermind and DESMI sign BWMS agreement

(Posted on 13/07/21)

Mastermind Shipmanagement Ltd., Navkratis Ltd., and DESMI Ocean Guard A/S have announced that Mastermind... Read more


From Rostock to the world

(Posted on 11/07/21)

Since the start of production in 2005, Liebherr-MCCtec Rostock GmbH has manufactured and delivered well... Read more


Cleveland Cascades LtdThe Wolfson Centre for Bulk Solids Handling Technology TBA GroupTMS Awards 2021Port of StocktonPort of South Louisiana
  • Port of South Louisiana
  • Cleveland Cascades Ltd
  • Coaltrans Asia 2021

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping