Caverion’s strategic objective is to grow also through acquisitions. Our fragmented industry continues to offer plenty of opportunities for acquisitions, and we already have a strong track record in mergers and acquisitions and in integrating companies to Caverion.
We focus our M&A activities to those areas that are key to our growth – either complementing our existing capabilities or our geographical footprint. We also look for complementary resources, a matching business culture, true value creation potential and a strong local market position. We are not going for turnaround cases but look proactively for quality companies.
Unless stated in the release or in interim reports and the financial statements for the full-year, the revenue and employee figures as well as acquisition and divestment prices have not been published.
Caverion was established through the demerger of Building Services and Industrial Services businesses from YIT Group in June 2013.