Wartsila to divest its Gas Solutions business to Mutares SE & Co. KGaA
Finland, Dec. 22 -- Wartsila has agreed to divest its Gas Solutions business to the German private equity investor Mutares SE & Co. KGaA.Gas Solutions is recognised as a market leader, offering innovative systems and comprehensive lifecycle solutions for the gas value chain. Its core expertise includes handling of gas in maritime transport, inert gas systems, enabling gas-to-power, and delivering liquefaction and biogas solutions. Operating globally, Gas Solutions supports customers on their journey towards a sustainable future through focus on lifecycle expertise, innovation and digitalisation.As part of Wartsila Portfolio Business, Gas Solutions has operated independently to accelerate performance improvements and unlock value to Wartsila...
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