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Finnish Wärtsilä acquires Weir American Hydro

Staff writer |
Wärtsilä has acquired the USA and Canada based company Weir American Hydro from the Weir Group plc.

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Ownership of the company will be transferred to Wärtsilä, with effect from June 30, 2016.

American Hydro is a supplier and installer of large equipment upgrades and servicing for the hydroelectric and water distribution industries, specializing in consultancy, design and precision performance enhancements for hydro-turbines and pumps.

With its headquarters in York and Pennsylvania, and a service center in Montreal, Canada, they currently employ 241 people, with net sales of $45.6 million in 2015.

This acquisition will enable Wärtsilä to grow and expand its existing global Hydro and Industrial service offering. Wärtsilä has over 30 years’ experience in supplying seals and bearings to the hydro and industrial markets globally. American Hydro will be part of the Wärtsilä Services business.

Alan Roth, President American Hydro, commented: “American Hydro is excited to be an instrumental part of Wärtsilä Services’ aim to be a leading global services provider to the Hydropower & Industrial markets”.

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