Caverion Finland strengthens its market position in the technical services market for industry and its processes through the acquisition of Stig-Pipe Oy

Caverion Finland has concluded an agreement whereby Caverion acquires Stig-Pipe Oy through an asset deal. The company operates in South Karelia, Eastern Finland. Stig-Pipe's 22 employees will be transferred to Caverion.

Stig-Pipe serves large industrial companies in the steel and forest sectors as well as several public sector organisations operating in South Karelia. Stig-Pipe has almost 15 years of experience in mechanical engineering and metalworking and specializes in industrial pipe, metal, sheet metal and scaffolding. The company's annual net sales amount to approximately 2.2 million euros.

"Stig-Pipe has stable and long-lasting customer relationships with companies operating in South Karelia. The transaction now offers customer companies a wide range of services in the technical maintenance, repair and technical design of industrial plants and industrial processes, as well as in infrastructure construction and, for example, in strengthening energy efficiency. We warmly welcome Stig-Pipe's skilled and experienced employees to Caverion, ” says Mika Ruokonen, Head of Caverion's Industrial Service Centres business in Finland.

”For our employees, including me, the business deal with Caverion is a great opportunity to develop professionally with the market leader in the field. Caverion is a financially sound and responsible company with high-quality occupational safety. I am proud that we can now better respond to our customers' service needs, ” says Mika Nuora, Managing Director of Stig-Pipe Oy.

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