Wärtsilä Finalizes JMC Marine Acquisition

Thursday, November 14, 2002
Wärtsilä´s acquisition of the Danish propulsion system service company JMC Marine A/S has been finalized. JMC Marine is specialized on propulsion system maintenance based on laser measuring technology. The turnover of the company is $3.61 M with 28 employees. The acquired company will be named Ciserv Denmark and it will concentrate on service for propulsion systems and engine repair. The acquisition consists of the laser measuring and alignment business. It also includes vibration measuring, analysis and services of monitoring systems and engine repair. The company will be consolidated in Wärtsilä with immediate effect.

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