Wärtsilä to divest Delivery Centre Santander
(Posted on 07/06/21)
The technology group Wärtsilä announces the divestment of Delivery Centre Santander (“DCS”) to Javier Cavada Corporación Cantabria (“JCCC”). Delivery Centre Santander is a state-of-the-art foundry able to cast the highest grades of NiAlBronze alloys. The facility located in Santander, Northern Spain, employs 45 professionals and has an annual casting capacity of 700 tons.
As part of the divestment, Wärtsilä and JCCC signed a strategic supply agreement where JCCC becomes a supplier for bronze alloy castings parts to Wärtsilä Marine Power business unit Propulsion. Moving forward, JCCC and Wärtsilä will work closely together to jointly develop and optimise the propulsion propeller portfolio.
Henk de Jong, Director Delivery Management Business Unit Propulsion, says that this new strategic alliance with JCCC will bring together Wärtsilä’s advanced R&D and design capabilities with strong manufacturing knowledge provided by JCCC.
Javier Cavada, owner at JC Corporación,?said:?“We are very excited to partner with Wärtsilä to maximize together the potential of this historical factory in Santander, with its state-of-the-art processes, cutting-edge technologies and an impressive know-how from the team running the activities."?
Bernd Bertram, VP Business Unit Propulsion, states: “In the current fast changing business environment, we need to be flexible, agile and concentrate our internal resources in those areas where we can provide most value to our customers. At the same time, we work together with trusted strategic partners in areas requiring specialised competences. We believe that under the new ownership, the foundry gets the opportunity to further develop its business and offering independently, and that the DCS team will find a good home with JCCC.”
Subject to fulfilment of closing conditions, closing of the transaction is expected in July 2021.
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2020, Wärtsilä's net sales totalled EUR 4.6 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 70 countries around the world.
Latest News
NAVTOR partners with Risk Intelligence to integrate risk into route planning
(Posted on 29/09/25)NAVTOR has announced a breakthrough product launch with Risk Intelligence, helping global users of its... Read more
IRClass Systems and Solutions Pvt Ltd strengthens cybersecurity portfolio
(Posted on 29/09/25)IRClass Systems and Solutions Pvt Ltd (ISSPL), a leading provider of assurance, inspection, certification... Read more
New Telestack TITAN Truck intake system for Irish mining company’s port expansion
(Posted on 22/09/25)Northern Ireland based Telestack have announced that they have been awarded a contract for the supply... Read more
Dualog launches ID provider with single sign-on for crew
(Posted on 22/09/25)Dualog has introduced a major upgrade to its Dualog Mail platform with the launch of Identity Provider... Read more
Greek industrial gateway powers growth with electric Konecranes Gottwald MHC
(Posted on 14/09/25)As part of a plan to double its capacity while controlling emissions, Port of Thisvi operator DIA.VI... Read more
Bulker operator Norse Ship Management deploys Inmarsat NexusWave
(Posted on 14/09/25)Inmarsat Maritime, a Viasat company, together with distribution partner Station Satcom have secured... Read more
Nectar expands SE Asia presence with additional mobile bagging machines
(Posted on 09/09/25)Nectar Group, a leading provider of logistics and cargo handling solutions, is further solidifying its... Read more
US marine descaler Seascour strikes deal to supply historic Great Lakes vessel
(Posted on 09/09/25)Florida headquartered maritime innovator Seascour has struck a second deal to supply its organic marine... Read more
E-Crane introduces faster, safer and smarter bulk pan handling
(Posted on 01/09/25)E-Crane has introduced an innovative tilting device that redefines how bulk materials such as scrap... Read more
Fifth Siwertell road-mobile ship unloader for long-standing Med operator
(Posted on 01/09/25)Bruks Siwertell has delivered a next-generation Siwertell 10 000 S road-mobile ship unloader to a returning... Read more
