Independent journal on economy and transport policy
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Wärtsilä sells the ELAC Nautik to the British Cohort plc
The company of Kiel produces idroacustici systems
December 12, 2019
The Finnish group Wärtsilä Corporation, that it realizes systems for the generation of energy for the marine and terrestrial field, has tightened an agreement in order to yield the branch Wärtsilä ELAC Nautik GmbH di Kiel, company that produces idroacustici systems between which sounding, systems of underwater communication and systems echo for average and small submarines dimension. ELAC Nautik, that it appoints to a job some 120 people and it has a annual turnover of about 21 million euros, will be sold for 11,25 million euros to the British Cohort plc, group that offer services and producing for the fields of the defense and safety. ELAC Nautik had entered to take part of the Wärtsilä group in the within of the acquisition of the L-3 Communications MSI(on 17 December 2014). The parts preview that the transaction will be capacity to term in the first part of the next year.
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