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