Caverion acquires TM Voima group’s substation and transmission line business in Finland and Estonia
Caverion Corporation Investor news 27 October 2022 at 2.30 p.m. EESTCaverion acquires TM Voima group’s substation and transmission line business in Finland and Estonia Caverion has signed an agreement to acquire TM Voima group’s substation and transmission line business. Decentralised electricity generation and renewable energy transition are creating a significant need for upgrading electricity transmission and distribution systems. The acquisition will strengthen Caverion’s presence in the energy sector and enable growth especially in the substation business. In 2021, the revenue of