Finnish technology group major Wärtsilä Oyj has announced that it has reached an agreement to divest its Water & Waste business to the Swedish investment company Solix Group AB.
Wärtsilä has agreed to divest its Water & Waste business to the Swedish investment company Solix Group AB.
From ballast water treatment to efficient wastewater systems, the technologies offered by Water & Waste contribute to operational efficiency, compliance, and enhanced environmental performance across the vessel’s lifecycle.
As part of Wärtsilä Portfolio Business, Water & Waste has operated independently to accelerate performance improvements and unlock value to Wärtsilä through divestment.
In 2025, the annual revenue of Water & Waste was EUR 54 million.
Wärtsilä Water & Waste has developed a broad range of specialised and proven environmental solutions for marine. Building on our earlier collaboration with Solix, Water & Waste will be well-positioned to develop further and ensure continued value creation for its customers and highly skilled team, commented Bernd Bertram, Head of Portfolio Business, Wärtsilä.
Subject to approvals, the transaction, the value of which has not been disclosed, of Water & Waste is expected to be completed in the third quarter of 2026.
Following this, Wärtsilä will have completed the divestment of all business units included in its Portfolio Business.
