Caverion
#4881
Rank
$1.31B
Marketcap
Finland
Country
Mr. Jacob Götzsche (Pres, CEO & Member of the Management Board)
Mr. Mikko Kettunen M.Sc. (Econ.) (CFO & Member of Management Board)
Mr. Knut Gaaserud (Exec. VP of Caverion Norway & Member of Management Board)
Summary
History
Caverion was established through the demerger of Building Services and Industrial Services businesses from YIT Group in June 2013.
Caverion has a long heritage with roots in many different countries. As part of YIT, the companies roots go back to 1912 in Finland. In some divisions, the roots of later integrated companies go back even to the 19th century.
Key mergers and acquisitions
2013
Caverion Corporation was established through the partial demerger of YIT Corporation on June 30, 2013, when YIT's Building Services and Industrial Services operations were transferred to an independent company. Trading in Caverion Corporation's shares at Helsinki Stock Exchange began July 1, 2013.
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 ?eská republika s.r.o.
2019
Acquisition of Maintpartner's operations in Finland, Estonia and Poland
Acquisition of Refrigeration Solutions business of Huurre Group Oy in Finland and Sweden
Acquisition of Pelsu Pelastussuunnitelma Oy, Finland
Divestment of Polish subsidiary, Caverion Polska Sp. Z o.o.
2020
Divestment of the parts of Industry operations to Elcoline Oy
2021
Acquisition of GTS Immobilien GmbH in Austria
Acquisition of Felcon GmBH in Austria
Acquisition of RPH Linc AB in Sweden
Acquisition of Merius Oy in Finland
Acquisition of Bott Kälte- und Klimatechnik in Germany
Divestment of the subsidiary in Russia
2022
Acquisition of WT-Service Oy in Finland
Acquisition of Wind Controller in Finland
Acquisition of Kaldt og Varmt AS in Norway
Acquisition of DI-Teknik A/S in Denmark
Acquisition of Frödéns Ventilation AB in Sweden
Acquisition of CS Electric A/S in Denmark
Mission
Vision
Key Team
Mr. Manfred Simmet B. Eng (Exec. VP of Caverion Austria & Germany and Member of Management Board)
Mr. Ville Tamminen (Exec. VP of Caverion Finland & Baltics and Member of Management Board)
Mr. Michael Kaiser M.Sc. (Exec. VP of Caverion Projects & Member of Management Board)
Ms. Anne Viitala eMBA, LL.M. (Exec. VP of Legal & Compliance, Group Gen. Counsel and Member of Management Board)
Ms. Minna Schrey-Hyppanen M.Sc. (Econ.), M.Sc. (Eng.) (Exec. VP of HR & Safety and Member of Management Board)
Mr. Carsten Sorensen (Exec. VP of Caverion Denmark & Member of the Group Management Board)
Mr. Kari Sundback M.Sc. (Exec. VP, Services, Solutions, Digital? and Sustainability & Member of Mgmt. Board)
Recognition and Awards
References
Mr. Jacob Götzsche (Pres, CEO & Member of the Management Board)
Mr. Mikko Kettunen M.Sc. (Econ.) (CFO & Member of Management Board)
Mr. Knut Gaaserud (Exec. VP of Caverion Norway & Member of Management Board)
