MJP acquires AWT i Nacka
Sweden’s MJP Waterjets has acquired AWT i Nacka AB, a specialist in automation and control systems for water jet applications.
The strategic acquisition will strengthen MJP Waterjets’ competiveness, products and services. It follows MJP Waterjets’ recent takeover of Ultradynamics Ltd in the UK and Ultradynamics Inc in the US. This merger completed the product program and increased the presence in the market. The group has now three products in their portfolio: MJP CSU, MJP DRB and MJP Ultrajet.
The control system is a vital part of a water jet concept. This acquisition enables MJP Waterjets to develop new control systems for the marine market.