Wartsila has received all relevant regulatory approvals in Norway for the acquisition of the ship design group Vik-Sandvik. The acquisition has now been closed for Vik-Sandvik's Norwegian companies Vik-Sandvik AS, Vik-Sandvik Marine Services AS and Skipkonsulent AS, which form the substance of the acquisition.
Wartsila announced in the beginning of July that it had acquired Vik-Sandvik, which is a leading, independent group providing design and engineering services to ship owners and the ship building industry worldwide.
This acquisition is a major step in Wartsila's strategy to strengthen its position as a total solutions provider and to be the most valued partner for its customers. Wartsila's goal is to become the leading provider of ship design services in various segments.
Vik-Sandvik will be integrated into Wartsila Ship Design within Ship Power.
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