Acquisitions and divestments
Caverion has a strong track record in mergers and acquisitions including a lot of valuable competence in integrating companies. In mergers and acquisitions we are looking for a good strategic fit to our existing operations in terms of geographical coverage, business portfolio and customer sectors.
In each merger and acquisition Caverion follows the same criteria; mergers and acquisitions have to be a good strategic fit for Caverion with complementary skills and resources, and a matching business culture. In addition, value creation potential, profitability turn-around potential and strong local market position are key criteria for Caverion.
The fragmented markets continue to offer plenty of opportunities for acquisitions. Caverion’s strategic objective is to grow also through acquisitions.
Most significant acquisitions and divestments by Caverion
The acquisition and divestment prices have not been published.
2015
Acquisition of Esco Norway, Norway
2016
Acquisition of Arneg Kühlmöbel. Austria
Acquisition of Sähkötaso Esitystekniikka Oy, Finland
2017
Asset deal with Enegia covering remote property management in Finland
Divestment of product business under the Krantz brand, Germany
2018
Acquisition of Jetitek Oy, Finland
Divestment of piping and tank business and the related Ylivieska workshop, Finland
Divestment of Czech subsidiary, Caverion Česká republika s.r.o.
2019
Divestment of Polish subsidiary, Caverion Polska Sp. Z o.o.
> See also Caverion's history