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07/2025

WÄRTSILÄ SAM ELECTRONICS acquired by VINCI ENERGIES

GERMANY Aerospace, Naval & Defense / Electronics REV 100M - 200M EUR

Context

VINCI Energies, through its Actemium brand, has signed an agreement to acquire Wärtsilä SAM Electronics GmbH from the Finnish-based Wärtsilä Corporation. This transaction is part of VINCI's strategy to bolster its industry services and increase its presence in the German defense market, while expanding its expertise in electrical systems and automation for naval applications. The acquisition will integrate approximately 350 specialized employees and around €100 million in annual revenue. Wärtsilä SAM Electronics' capabilities will complement Actemium's industrial activities by bringing expertise in electrical system integration, automation, and embedded technologies for military vessels and shipyards. This synergy is expected to enable VINCI Energies to broaden its offering to industrial and institutional clients, while consolidating its position in a market that is experiencing increased investment in European defense infrastructure. Upon completion, the acquisition will strengthen VINCI Energies' presence in Germany, the group's second-largest international market, where it already has significant operations in infrastructure, industry, building solutions, information and communication technology, energy services, and concessions.

By taking control of WäRtsilä Sam Electronics, Vinci Energies continues its expansion strategy. Previously, the group had completed 3 acquisitions, including R+S Group in 2024.

WÄRTSILÄ SAM ELECTRONICS, which reported an EBITDA margin of in 2025, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Established in 1906 and headquartered in Hamburg, Wärtsilä SAM Electronics GmbH is a German company specializing in the integration of electrical, electronic, and automation systems for the maritime and defense sectors. The company designs, supplies, and integrates solutions for the control, electrical distribution, automation, and monitoring of complex naval platforms, primarily for the German Navy and major shipyards in northern Germany. Its activities encompass the entire lifecycle of installations, from engineering and system integration to commissioning, maintenance, and modernization. Leveraging its expertise in electrical engineering, industrial automation, and control systems, Wärtsilä SAM Electronics supports newbuild programs as well as renovation and life extension projects for military vessels. The company operates in key locations including Hamburg, Wilhelmshaven, Elmenhorst, Bremerhaven, and Kiel, where it partners with major German shipbuilding companies. With approximately 350 employees and an annual revenue of around €100 million, Wärtsilä SAM Electronics holds a recognized position in the German market for electrical and automation systems applied to naval infrastructure and defense programs.

Ent. Value

Equity Value

Multiples

EV / Revenue

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Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2025
2024

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REFERENCES

Revenue range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of WÄRTSILÄ SAM ELECTRONICS by VINCI ENERGIES are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: wärtsilä sam electronics

Acquirer: vinci energies