Wärtsilä Acquires Spanish Underwater Services Provider Burriel Navarro
Wärtsilä has acquired Burriel Navarro, a company operating in underwater services in the main ports of Spain.
The acquisition supports the growth of Wärtsilä’s underwater services and expands the company’s local presence in the European market.
Burriel Navarro will be part of Trident, a Wärtsilä company.
The acquisition of Burriel Navarro supports Wärtsilä in several areas – from developing its propulsion-related services and strengthening the competences on the underwater services market to supporting its purpose of enabling sustainable societies with smart technology. The acquisition complements the acquisition of Trident in early 2018, bringing opportunities to utilize Trident’s environmentally sound hull cleaning equipment on a wider geographical scale, the company explained.
Burriel Navarro, founded in 1969, specializes in a range of underwater work, including inspection, repair and hull cleaning. Having its head office in Valencia, the company operates an extensive service network in the main ports of Spain.
“The acquisition supports us in our goals of environmental responsibility by providing us with better access to local ports,” said Tamara De Gruyter, vice president, Area North Europe, Wärtsilä Services. “The agreement also brings us great opportunities to provide more value adding services and shorter response times for our customers.”
“The agreement brings mutual benefits for us and Wärtsilä, and we are excited about paving new ground in underwater services together,” added Fernando Burriel, managing director, Burriel Navarro. “We look forward to learning from each other.”