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Metsä Fibre and Caverion enter into agreement on maintenance for sawmills in Vilppula, Finland

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Caverion Corporation Investor news 7 November, 2016 at 10.00 a.m. EET 

Metsä Fibre and Caverion enter into agreement on maintenance for sawmills in Vilppula, Finland

Caverion has concluded an partnership agreement with Metsä Fibre concerning sawmills in Vilppula, Finland. Caverion will be responsible for maintenance and related managed services on the site until further notice from December 2016. The value of the agreement will not be disclosed.

Earlier this year, Metsä Fibre and Caverion announced a partnership agreement on maintenance concerning sawmills in Lappeenranta and Renko, in Finland. The agreement now publicised extends the current co-operation. The partnership aims to continuously improve operations, competitiveness and quality and it supports the efficiency of Metsä Fibre and concentrating on its own core business.

"With the help of this partnership, we aim to make our operations more efficient. Caverion has expertise in maintenance in several sectors, along with the resources to invest in the broad-based development of its operations," says Jani Riissanen, Senior Vice President, Sawmill Business at Metsä Fibre.

"This new agreement will extend our strategic partnership with Metsä Group. Our strategic growth target is to further strengthen our position as a provider of maintenance services for industrial clients, especially in the forestry industry as a whole," says Juhani Pitkäkoski, Executive Vice President & CEO, Division Industrial Solutions at Caverion.

Metsä Fibre is part of Metsä Group and it belongs to Caverion's industrial client segment.

Image source: Metsä Fibre


For more information, please contact: Kirsi Hemmilä, Communications Manager, Caverion Finalnd, tel. +358 50 390 0941, kirsi.hemmila@caverion.com 

Caverion designs, builds, operates and maintains user-friendly and energy-efficient technical solutions for buildings, industries and infrastructure. Our services and solutions are used in commercial and residential buildings and on industrial and public sector properties, as well as in processes, ensuring business continuity, safety, healthy and pleasant surroundings, optimal performance and cost management. Our vision is to be a leading European provider of advanced and sustainable life cycle solutions for buildings and industries. Our strengths include technological expertise and comprehensive services, covering all technical disciplines throughout the entire life cycles of properties and industrial plants. Our revenue in 2015 was approximately EUR 2.4 billion. Caverion has over 17,000 employees in 12 countries in Northern, Central and Eastern Europe. Caverion’s shares are listed on Nasdaq Helsinki. www.caverion.com, @CaverionGroup

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Partnership agreement with Metsä Fibre concerning sawmills in Vilppula, Finland: Caverion will be responsible for maintenance and related managed services
Partnership agreement | Metsä Fibre |Industry