Finnish ship engine manufacturer Wartsila has completed the acquisition of UK gas systems provider Hamworthy.
Hamworthy’s board backed a £383 million ($598.5 million) takeover offer from Wartsila late last year.
The Finnish company said the purchase is in line with its strategy to become a “total solutions provider”.
“Both companies are excited by the challenges and opportunities in the rapidly evolving offshore, marine gas applications, as well as environmental solutions markets,” said Wartsila ship power group vice president Jaakko Eskola.
“We