Sermet
About Sermet
Sermet is a company founded in 1975, and was acquired by Wartsila in October 2001. Heat and steam systems for industrial applications were developed.
Company details
Sermet was founded in 1975 in Finland, with operations centered on the industrial sector for heat and steam systems. Boilers powered by biological energy sources and small bio power plants were developed as core offerings. Focus was placed on sustainable energy solutions for industrial use. The company was acquired by Wartsila in 2001, concluding its independent activities.
Investors in Sermet
Sermet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Wartsila.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Manufacturing and service company | 1834 | wartsila.com | Vaasa, Finland |
Investor details for Sermet
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Timeline of Sermet
2 dated milestones of Sermet across 26 years, from founding to its latest funding, stage changes and deals.
- Founded Sermet is founded.
- Exit Acquired by Wartsila.
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Frequently Asked Questions about Sermet
Sermet was founded in 1975.
Sermet was founded in 1975 in Finland, with operations centered on the industrial sector for heat and steam systems. Boilers powered by biological energy sources and small bio power plants were developed as core offerings. Focus was placed on sustainable energy solutions for industrial use. The company was acquired by Wartsila in 2001, concluding its independent activities.
Sermet has 1 investor. Key investors include Wartsila.
Yes. Sermet was acquired by Wartsila in October 2001.