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Wartsila Buys Schiffko

The Wartsila Corporation completed the acquisition of German ship design company Schiffko shortly after Christmas.  Shiffko specialises in the planning and design of ships, specialising in the container, research and offshore vessel market sectors.  It also provides consultancy and project management services for ship owners and shipbuilders.

The deal boosts the Finnish engine maker's ambition to become an integrated systems supplier for global shipbuilding.

MJ Information No: 22630

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