Karlstads Mekaniska Werkstad, a former Swedish mechanical industry, which was taken over by Valmet (paper industry equipment) and Vickers (marine equipment - KaMeWa) in 1986
During the 1980s the company acquired businesses in the Automotive Engineering sector (principally Rolls-Royce Motors), the Defence sector (principally Royal Ordnance Factory Leeds) and the Marine Engineering sector (principally Kamewa and Ulstein).
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In 1986, it purchased Kamewa a Swedish manufacturer of waterjets, followed in 1998 by Ulstein (Norway), a major marine propulsion and engineering company.