Wartsila to divest its Water & Waste business to Solix Group AB
Sweden, Feb. 5 -- Wartsila has agreed to divest its Water & Waste business to the Swedish investment company Solix Group AB. Water & Waste?offers a wide portfolio of environmental solutions for the full spectrum of water and waste management at sea. 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 Wartsila Portfolio Business, Water & Waste has operated independently to accelerate performance improvements and unlock value to Wartsila through divestment. In 2025, the annual revenue of Water & Waste was EUR 54 million. Subject to approvals, the transaction of Wa...
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