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Jmc Marine News

16 Sep 2002

Wärtsilä Acquires JMC Marine

Wärtsilä has signed a letter of intent to acquire a Danish propulsion system service company JMC Marine A/S. The company, which employs 28 people, specializes on propulsion system maintenance based on laser measuring technology and has a $3.5 Million turnover. "This acquisition will further strengthen Wärtsilä's total service offerings. Our aim is to provide as broad a spectrum as possible of tailored solutions and expertise know-how covering every aspect of operation and maintenance. The know-how developed by JMC Marine speeds up and improves customer service", says Tage Blomberg, Group vice president and Head of the Service division. The acquired business will be named Ciserv Denmark and it will concentrate on service for propulsion systems and engine repair.

14 Nov 2002

Wärtsilä Finalizes JMC Marine Acquisition

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.