Caverion acquires Gunderlund A/S in Denmark to respond to the growing demand for power grid expansions and renovations
Caverion Corporation Investor news 9 March 2020 at 3.05 p.m. EETCaverion acquires Gunderlund A/S in Denmark to respond to the growing demand for power grid expansions and renovations
Caverion has signed an agreement to acquire Gunderlund A/S, a Danish company specialising in power grid expansions and renovations. The revenue of the company to be acquired amounted to EUR 3.2 million in a twelve-month period ending September 2019. Gunderlund employs about 10 people. The transaction value is not disclosed. The purchase price will be paid in cash.
“Due to the transition of the energy