The acquired boiler service business will be integrated into Wartsila in Dubai. This transaction follows Wartsila’s acquisition of the Denmark-based International Combustion Engineering announced in April 2008.
Wartsila’s entry into the new field of boiler services is expected to improve the company’s position and competitiveness as a leading total services provider.
This latest acquisition will also further expand the company’s geographical coverage in providing boiler service support to customers throughout the Middle East.
Tage Blomberg, group vice president of Wartsila Services, said: ICE’s expertise and knowledge in boiler services have added an important extra dimension to Wartsila’s ability to provide total support. With the completion of the Dubai acquisition, we can provide even more added value to our customers in this important region.