Wärtsilä Agrees to Sell to Solix Group
Wärtsilä announced plans to divest its Water & Waste business. The buyer is Solix Group AB, a Swedish investment company. An official press release confirmed the transaction.
The deal remains subject to regulatory approvals. Completion is expected during the third quarter of 2026. Once finalized, Wärtsilä will conclude its portfolio restructuring.
Source: Wärtsilä/Website
Water & Waste Focuses On Marine Solutions
The Water & Waste unit develops environmentally focused maritime technologies. Its portfolio includes ballast water and wastewater treatment systems. Solutions support vessels throughout their operational lifecycle.
These technologies help shipowners comply with international marine regulations. They also improve environmental and operational performance standards. Such systems play a key role in sustainable fleet management.
Financial Profile Of The Divested Unit
In 2025, the business generated annual revenues of EUR 54 million. The unit operated independently within Wärtsilä’s Portfolio Business segment. That structure aimed to accelerate value creation.
Portfolio Business was designed to streamline management of non-core assets. Divestment allows the parent company to sharpen strategic focus. Financial optimization remains central to the restructuring plan.
Recommended Article: PUMA Creates Separate Business Unit for Training at HQ
Leadership Comments On Strategic Rationale
Bernd Bertram highlighted the unit’s environmental expertise. He emphasized its strong global marine customer base. Prior collaboration with Solix was described as constructive.
Management believes Solix can further expand the business. Maintaining continuity for customers and employees remains a priority. The transition aims to ensure operational stability.
Completion Marks Portfolio Transformation
The divestment represents the final step in the Portfolio Business program. Wärtsilä has systematically exited all included units. Strategic simplification strengthens focus on core marine and energy operations.
Corporate restructuring enhances long-term competitiveness. Concentrating resources enables greater investment in innovation. The company continues emphasizing sustainable solutions.
Wärtsilä Strengthens Core Marine Strategy
Wärtsilä aims to remain a global leader in marine technology. It develops solutions that help shipping markets reduce carbon emissions. Innovation remains central to its corporate mission.
The company employs approximately 17,900 people worldwide. Operations span 78 countries and 199 locations. In 2025, net sales reached EUR 6.9 billion.
Sustainability Remains Central To Growth
Wärtsilä focuses on improving environmentally sustainable marine and energy systems. Lifecycle services aim to enhance both ecological and economic performance. Decarbonization trends continue reshaping global industries.
The company is listed on Nasdaq Helsinki. Leadership prioritizes technological advancement and operational efficiency. Long-term sustainability goals align with strategic divestment decisions.
