In order to further extend its portfolio of digital products and services, ABB Turbo Systems has announced to take over Swiss-based Tekomar Group.
An agreement to acquire the company headquartered in Winterthur has already been signed. ABB said, it will further develop Tekomar’s [ds_preview]digital solution for engine analytics and advisory systems.
»Advancing ABB capabilities in performance modelling and analysis, this acquisition will also further extend the group’s ABB AbilityTM portfolio of digital products and services«, it was stated in a release. The transaction is expected to be closed during Q4 2017.
»The market reach of ABB and its heritage as an industrial market leader makes this a natural step for taking our Tekomar XPERT solution forward globally. We are looking forward to realizing what Tekomar and ABB can do together.«
Beat Güttinger, Tekomar co-founder and Head of Global Sales & Marketing
Established in 2010, Tekomar has subsidiaries in Scandinavia, Germany, and South Korea. The company was founded by Thomas Walker and Beat Güttinger, previously a team at Wärtsilä Management, and provides products and enhanced services to improve the propulsion and auxiliary equipment efficiency of marine installations. Tekomar stated, the acquisition does not affect the services provided to customers. The organisation and employees will remain under the current management and operate as an integrated part of ABB. »The existing contracts and commercial conditions stay valid and the current sales and service persons are at your disposal«, it said.
»This acquisition is exactly the right fit with the existing strengths and capabilities of ABB in the marine industry, and with our strategic vision for developing value-driven digital solutions.«
Oliver Riemenschneider, Managing Director, ABB Turbocharging
ABB extends its digital portfolio with a propulsion performance monitoring solution targeted at two-stroke main engines and auxiliary engine applications. The solution will be integrated into the established vessel optimization system. It also offers a platform for cooperation with the engine licensors and builders. According to the statement, the operators of over 1,000 ships are already using this performance monitoring and advisory solution.
