Wartsila Diesel Acquires Lindholmen Motor

Wartsila Diesel of Finland and the Nordstjernan Group of Sweden have agreed on the sale of Lindholmen Motor AB and its subsidiary, Scandinavian Governor Services AB, to Wartsila. The agreement, which covers Lindholmen's complete production and after-sales operations, is subject to the approval of the authorities of Finland and Sweden.

Gothenburg-based Lindholmen Motor is one of the last units in the Nordstjernan Group manufacturing marine equipment. Its turnover in 1985 was FIM 58 million (about $11.8 million), and it employs a staff of about 100. Over the past years the factory in Gothenburg has concentrated on the manufacture of Pielstick diesel engines for ships. However, the percentage of turnover accounted for by service and spare parts has grown rapidly in recent years.

Wartsila is one of the world's leading manufacturers of diesel engines.

Its production range includes Wartsila Vasa and Wartsila Nohab engines of the company's own design, and Sulzer, Pielstick, and MAN B&W engines under license.

For full information on Wartsila Diesel's facilities and product lines, Circle 98 on Reader Service Card

Maritime Reporter Magazine, page 5, Oct 1986

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.