Wärtsilä to divest its JOVYATLAS business

Wärtsilä Corporation,  23 September 2020 at 10:00 AM EEST

The technology group Wärtsilä announces the divestment of 100% of the shares in Wärtsilä JOVYATLAS GmbH to Jacob Waitz Industrie GmbH, a German based industry holding.

Wärtsilä JOVYATLAS has been manufacturing UPS systems, rectifiers, power inverters, frequency transformers and resistors with related services for many industries already for seven decades. The company became part of Wärtsilä as a...

https://www.allaboutshipping.co.uk/2020/09/23/wartsila-to-divest-its-jovyatlas-business/