Caverion strengthens its position in energy sector – Acquisition of TM Voima group’s substation and transmission line business completed
Caverion Corporation Investor news 1 February 2023 at 12.30 p.m. EETCaverion strengthens its position in energy sector – Acquisition of TM Voima group’s substation and transmission line business completed Caverion’s agreement, signed on 27 October 2022, to acquire TM Voima group's substation and transmission line business in Finland and in Estonia has been approved by the Finnish Competition and Consumer Authority. The acquisition was closed today. Decentralised electricity generation and renewable energy transition are creating a significant need for upgrading electricity