Wärtsilä enhances its digital offering by acquiring Eniram
(Thomson Reuters ONE) -
Wärtsilä Corporation, Press release, 30 June 2016 at 4.30 pm EET
Wärtsilä has today signed an agreement to acquire Eniram, a Finland-based
technology company providing the marine industry with energy management and
analytics solutions. The acquisition of Eniram will enable Wärtsilä to grow and
strengthen its digital offering and in-house capabilities, specifically in data
analytics, modelling and performance optimisation.
Eniram provides the maritime industry with energy management technology to
reduce fuel consumption and emissions. Eniram's solutions range from single
onboard applications for trim, speed and engine optimisation to comprehensive
fleet analysis. The company's solutions are installed in over 270 vessels;
saving fuel, increasing profitability and reducing harmful emissions. Eniram is
headquartered in Helsinki, Finland and has subsidiaries in the UK, the USA,
Germany and Singapore. In 2015, Eniram's turnover exceeded EUR 10 million with
89 employees worldwide. Eniram will initially continue as a strong independent
business entity supported by Wärtsilä's global capabilities. The transaction is
valued at EUR 43 million (enterprise value). Ownership of the company will be
transferred to Wärtsilä with effect from 1 July 2016.
In announcing the acquisition, Henrik Dahl, CEO and Co-founder of Eniram,
commented: "With the accelerating trend of digitalisation and
connectivity, there is an enormous amount of innovation happening across the
maritime industry. Wärtsilä's leading market position coupled with Eniram's
cutting-edge technology forms an unbeatable combination in the marine
digitalisation space. With Wärtsilä's capabilities and resources, we can offer
even more customer value. Eniram's team is looking forward to accelerating the
expansion to new markets and the development of new solutions with Wärtsilä."
"Eniram has world-class analytics capabilities, and by joining forces we can
provide our customers an unbeatable offering on both the vessel and fleet level.
Eniram's offering and solutions truly complement the recently launched Wärtsilä
Genius services portfolio. Together we will enable our customers to optimise
their assets and improve predictability, as well as support them with real-time
analytics. Further product launches from Wärtsilä and Eniram are to be expected
in the near future," says Pierpaolo Barbone, President, Wärtsilä Services.
"Through this acquisition Wärtsilä takes a solid lead in marine digitalisation.
Going digital plays a strong role in our strategy and supports our aim to make
both Wärtsilä and our customers more competitive. For us it means growing
organically and via acquisitions. We will build strategic partnerships, innovate
with start-up companies and continuously recruit new people to strengthen our
digital expertise. Digitalisation offers significant growth potential for our
customers and for Wärtsilä," Jaakko Eskola, President and CEO, Wärtsilä
Corporation, commented the acquisition.
Media contacts:
Sini Spets
Vice President, Business Development
Wärtsilä Services
+358 40 8313018
sini.spets(at)wartsila.com
Hanna Viita
Marketing Director
Wärtsilä Services
+358 40 1671755
hanna.viita(at)wartsila.com
For investor information, please contact:
Natalia Valtasaari
Director, Investor & Media Relations
Wärtsilä Corporation
Tel: +358 40 187 7809
natalia.valtasaari(at)wartsila.com
Wärtsilä in brief
Wärtsilä is a global leader in advanced technologies and complete lifecycle
solutions for the marine and energy markets. By emphasising sustainable
innovation and total efficiency, Wärtsilä maximises the environmental and
economic performance of the vessels and power plants of its customers. In 2015,
Wärtsilä's net sales totalled EUR 5 billion with approximately 18,800 employees.
The company has operations in over 200 locations in more than 70 countries
around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com
Eniram in brief
Established in 2005, Eniram provides the maritime industry with energy
management technology to reduce fuel consumption and harmful emissions. Created
by experienced seafarers and technologists, Eniram's solutions range from single
onboard applications to comprehensive fleet analysis. They are used by small and
large shipping companies on ships ranging from cruise liners, tankers, LNGs,
container ships, bulkers and ferries. Eniram is headquartered in Helsinki,
Finland and has subsidiaries in the UK, the USA, Germany and Singapore.
www.eniram.fi
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Wärtsilä Oyj Abp via GlobeNewswire
[HUG#2024229]
Unternehmensinformation / Kurzprofil:
Datum: 30.06.2016 - 15:30 Uhr
Sprache: Deutsch
News-ID 481022
Anzahl Zeichen: 5639
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Wärtsilä enhances its digital offering by acquiring Eniram"
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