ABB expands portfolio with digital engine solution expert
ABB is to expand its digital offering to the market following the acquisition of an engine and analytics expert.
The acquisition of Tekomar Group Ltd will advance ABB’s capabilities in performance modelling and analysis plus enhance its digital portfolio with a propulsion performance monitoring solution targeted at two-stroke main engines and auxiliary engine applications.
“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,” said Oliver Riemenschneider, managing director, ABB Turbocharging.
“Tekomar’s solution is proven, well-established and a valuable extension to our existing solutions. Our goal is to further empower customers to achieve the benefits of improved performance, reduced fuel consumption, and lower emissions, together with ABB.”
The two-stroke solution will be integrated into ABB’s established vessel optimisation system, further enabling ship management companies to know more about their vessel operations and achieve more from their fleets for better business performance.
Beat Güttinger, Tekomar co-founder, added: “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.”
“As the marine industry embraces the opportunities of digitalisation for all aspects of optimisation and performance improvement, this is an exciting time for the advancement of our solutions. We are looking forward to realising what Tekomar and ABB can do together.”
The transaction is expected to close during the last quarter of 2017.
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