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L&T divests its stake in UK based Servowatch Systems

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Larsen & Toubro through its wholly owned subsidiary, Larsen & Toubro International FZE, signed definitive agreements with Rolls-Royce's Power Systems Division, a global player in power systems for the strategic divestment of its UK-based integrated marine automation solutions provider Servowatch Systems.

A leading supplier of advanced and innovative integrated ship control systems, Servowatch Systems has grown into an internationally recognized provider of Marine Automation platforms over the past eight years of L&T's ownership.

The company headquartered in Heybridge, Essex, United Kingdom has 44 employees in the UK and India, who deliver integrated marine automation solutions for navies, commercial vessels and large yachts.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, December 02 2020. 15:36 IST
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