Wärtsilä Acquires Railko

Friday, May 18, 2007
Wärtsilä has signed an agreement to acquire the marine business of Railko Ltd. in the UK, a company specializing in synthetic stern tube bearing technology. The company was founded 1957 and is today owned by Tenmat Ltd. The marine sector of Railko and Wärtsilä have maintained a relationship for the past 30 years, and have together developed specific materials for face seals. Railko designs, develops, manufactures and sells synthetic bearings. The company is application-focused and provides complete products to its customers. Railko's products are used on all types of vessels, from cruise ships to cargo vessels.

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