Elomatic, the Finnish consultant engineering group, will merge its six fully owned subsidiary units to the group parent in a move to increase efficiency and simplify cooperation with its customers, it said in a statement.
Elomatic Marine Engineering Oy, which is the group naval architecture and marine services unit, was merged with Elomatic Consulting & Engineering Oy at the end of September. Two other subsidiaries were merged with the parent at the same time, while other three will follow at the end of October.
The mergers would not affect the business of the group and all contracts, responsibilities and liabilities of the subsidiaries will be transferred to the group parent in their entirety, Elomatic said.