Wärtsilä has agreed to divest its Marine Electrical Systems business to VINCI Energies, a global group offering multi-technical solutions and services for energy, transport and communication infrastructure, as well as buildings, factories and IT systems.

With its long-standing customer relationships, Marine Electrical Systems is focused on specialized and complex electrical systems integration onboard vessels, connecting own equipment and equipment added by the yard into one electrical network. As part of Wärtsilä Portfolio Business, Marine Electrical Systems has been run independently with the aim of accelerating performance improvement and unlocking value to Wärtsilä through divestment. In 2024, the annual revenue of Marine Electrical Systems was EUR 100 million. The divestment includes the legal entity of Wärtsilä SAM Electronics GmbH and related assets for a project in execution in Brazil.

Bernd Bertram, Head of Portfolio Business, Wärtsilä: “This agreement is yet another proof point of our Portfolio Business divestment strategy coming to life. VINCI Energies has deep expertise in complex project-based business and therefore is an ideal match for Marine Electrical Systems. I’m confident that VINCI Energies will provide a solid platform for further business success for the benefit of the customers, partners, and the highly skilled professionals of Marine Electrical Systems.”

Subject to approvals, the transaction is expected to be completed in the last quarter of 2025.
Source: Wärtsilä