Wartsila, the Finnish engine builder, has acquired its second firm of naval architects in less than three months.

Conan Wu & Associates specialises in the offshore field
It has bought Singapore-based Conan Wu & Associates (CWA). The deal also includes partnership agreements in China, Hong Kong and Malaysia.

Wartsila is paying an initial EUR23m ($33.8m) and an additional amount based on the performance of the business in 2008-2010.

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