Announced
Completed
Financials
Tags
Domestic
United Kingdom
Friendly
Majority
Acquisition
Completed
Machinery: Specialty
marine systems
Single Bidder
marine automation
Private
Synopsis
Rolls-Royce, a British multinational engineering company, completed the acquisition of Servowatch, a supplier of ship control systems. Financial terms were not disclosed. "The team at Servowatch are very pleased and proud to be joining Rolls-Royce Power Systems and see very positively the synergy of products, also the focus on innovation and customer service, that is the recognised hallmark of Rolls-Royce globally. We look forward to contributing our efforts and products to the group, also to our further development as a business unit, under Rolls-Royce ownership," Wayne Ross, Servowatch Managing Director.
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