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Press Release

Wärtsilä acquires German ship automation company

Wärtsilä has acquired the German company Claus D. Christophel Mess- und Regeltechnik GmbH (CDC), which specializes in the design, delivery and service of automation systems for ship owners and yards. The company is based in Hamburg and has three business areas, which are maritime information technology, project engineering and customer service.

"CDC has an excellent proven track record, solid references, and an outstanding reputation among its customers. The company's operations will contribute to a significant increase in Wärtsilä's automation and electrical engineering competence and fits, therefore, Wärtsilä automation services' strategy well," says Tage Blomberg, Group Vice President, Wärtsilä Services.

"In addition, the highly skilled and specialised service personnel of CDC will give valuable support to Wärtsilä's service categories", Blomberg continues.

CDC's net annual sales were EUR 2.1 million in 2007. The company employs 12 people, all of whom have a high degree of competence in electrical engineering.

CDC's operations will be integrated into Wärtsilä Services and all employees will continue as Wärtsilä employees. The company's founder and former owner, Mr. Claus D. Christophel, will continue working for Wärtsilä. The acquisition value is not published.

Through the acquisition, CDC's customers will benefit from Wärtsilä's wider scope of services and global network.



Further information:

Tage Blomberg, Group Vice President, Wärtsilä Services, tel. +358-40-5057568
Thomas Becker, Managing Director, Wärtsilä Deutschland, tel. +49-40-75190 0
Claus D. Christophel, Managing Director, CDC, tel. +49-40-754966 0
Tuula Franck, Press Manager, Wärtsilä Corporation, tel. +358-400-267555


2008-06-02

Please see Wärtsilä Corporation /Wärtsilä Vostok, LLC (WRU)/ company electronic office

For more information, please contact:
Mirja-Maija Santala
Media Manager
Wärtsilä Corporation
Tel. +358 (0)400 793 827
E-mail: mirja-maija.santala@wartsila.com 

Wärtsilä Vostok, LLC (WRU)
Tel/Fax: +7 812 448-32-48
E-mail:
office.spb@wartsila.com  

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