- World-leading provider of cargo handling and fuel supply systems, reliquification, regasification and VOC recovery as well as large-scale biogas and shore gas solutions
- Strategic carve-out of Wärtsilä, strengthening Mutares' portfolio in energy transition and marine technology
- Sales of EUR 300 million in 2024
- Closing expected in the first half of 2026
Munich, December 22, 2025 - Mutares SE & Co. KGaA $MUX (+0,34%) has signed an agreement to acquire the gas solutions business of Wärtsilä, a leading global provider of engineering solutions for the maritime and energy markets, listed in Finland. The corporate carve-out transaction strengthens Mutares' Engineering & Technology segment as a new platform investment and is expected to be completed in the first half of 2026, subject to customary approvals.
Gas Solutions is a clear market leader in critical equipment and process solutions across the gas value chain, serving both offshore and onshore end markets, mainly in Europe and Asia. With global activities, the company generated sales of EUR 300 million in 2024. The company's diversified business mix, broad product portfolio and strong global customer relationships position it at the forefront of the energy transition.
Johannes Laumann, CIO of Mutares, comments: "With this acquisition, we are expanding our presence in the energy and marine technology sector. Gas Solutions brings a market leading position, a highly skilled team and a strong pipeline of opportunities. We see excellent prospects for the company in a fast-growing market and look forward to supporting Gas Solutions in its next phase of growth as a standalone business. In addition, this is another great example for us in the North of being the trusted carve-out partner in a very complex transaction."