Wärtsilä has agreed to divest its Gas Solutions business to Mutares SE & Co. KGaA, allowing the division to operate independently and focus on growth in the gas market.

Information on the Target

Wärtsilä has reached an agreement to divest its Gas Solutions business to the German private equity firm Mutares SE & Co. KGaA. The Gas Solutions division is recognized as a market leader, specializing in innovative systems and comprehensive lifecycle solutions for the gas value chain. Key areas of expertise for Gas Solutions include maritime gas handling, inert gas systems, gas-to-power solutions, and the provision of liquefaction and biogas technologies.

Operating on a global scale, Gas Solutions is committed to guiding customers toward sustainable futures through a focus on lifecycle expertise, innovation, and digitalization. This division has been working independently within Wärtsilä's Portfolio Business to enhance performance and unlock value, having reported an annual revenue of EUR 300 million in 2024.

Industry Overview

The gas sector in Germany has been undergoing significant transformations driven by the European Union's stringent environmental regulations and the transition to sustainable energy sources. Notably, the push for decarbonization has resulted in increased i