Rolls-Royce acquires L&T’s Servowatch
Rolls-Royce bought Servowatch Systems, a UK-based integrated marine automation solutions provider and supplier of integrated naval automation technologies for navies, merchant ships, and large yachts. Servowatch is located in the United Kingdom and owned by Larsen & Toubro (L&T), the Indian engineering, procurement, and construction (EPC) ventures, production, defence and services organisation. The contracts were signed on December 1 by members of the Power Systems business unit of Rolls-Royce and the former owner of L&T.
Servowatch, headquartered in Heybridge in southeastern UK will substantially increase the ship automation segment of the MTU product and solution brand of Rolls-Royce's power systems business. Andreas Schell, CEO of Rolls-Royce Power Systems, said Servowatch's innovative and advanced range of automation and optimised bridge systems for public and private ships and large yachts are the perfect addition to continue to provide advanced overall system solutions for marine propulsion systems and the entire ship automation industry.
He added that they are pursuing their device strategies by building on a state-of-the-art automation infrastructure and linking it to their MTU SmartBridge and Digital Systems, enabling them to provide customers with a fully integrated bridge-to-propeller solution.
The transparent automation technologies of the new subsidiary will be fully incorporated into the product portfolio of MTU. Knut Müller, Vice President of the Marine and Government Division of Rolls-Power Royce's Systems Business Unit, said that over the past two and a half decades, they had positioned themselves excellently in the ship automation market with their Bluevision and Callosum systems. They are the world's first manufacturer of engines that can also provide the entire ship with an automated tracking and control platform. They will keep expanding this position and modernise their product portfolio with Servowatch.
Kevin Daffey, Marine Systems & Automation Director at the Power Systems business unit of Rolls-Royces, said that Servowatch is entirely analogous to what they do in marine automation. He added that their latest member of the family focuses on ships typically powered by high-speed diesel engines and an optimised framework based on their Winmon9 world-class program. Via onboard data collection and edge analytics, integration with MTU products would help us add more lifecycle resources to inform the ship's crew about vessel results.
Wayne Ross, Managing Director of Servowatch Systems, said that the Servowatch team is delighted and proud to join Rolls-Royce Power Systems. They see the integration of brands very favourably, as well as the emphasis on creativity and customer support, which is Rolls-Royce's global hallmark. Under Rolls-Royce management, they look forward to contributing their efforts and goods to the company, as well as to more incredible growth as a business unit.
The commercial terms of the deal are not being disclosed yet.