Caverion strengthens its position as a lifecycle partner to demanding and critical industrial environments
Press release
31 March 2026 at 8:00 CET
Caverion Finland Oy and IS-Technics Oy have signed an agreement under which Caverion will acquire a business focused on demanding onsite machining and mechanical installations in industrial environments from IS-Technics through an asset transfer on 1 April 2026. The acquired business has an annual revenue of approximately EUR 2 million. As part of the asset transfer, eight employees will transfer to Caverion.
The acquired operations include demanding onsite machining and mechanical installations, as well as the manufacturing of customer specific, portable field machining equipment used in environments such as power plants, shipyards, nuclear power plants and pulp mills. The asset transfer strengthens Caverion’s service offering in industrial maintenance and investment projects across the entire lifecycle of plants and industrial facilities.
“In demanding and critical environments, such as shipyards and other industrial environments, repairs to turbines, generators or motor shafts, onsite machining is often a decisive factor when production downtime must be minimised. Through this expertise, we support business continuity and ensure the availability and efficiency of industrial facilities. I warmly welcome the transferring experts to Caverion. We have long appreciated your high level of expertise,” says Lauri Kousa, Head of District, Industrial Service Centers, Caverion.
For more information, please contact:
Åsvor Brynnel, Head of Group Communications and Sustainability, SVP, Assemblin Caverion Group, asvor.brynnel@assemblin.se, +46 70 600 73 21
About Assemblin Caverion Group
Assemblin Caverion Group is a leading northern European provider of technical services and installations, delivering smart and sustainable solutions in multiple technical expertise areas across the full lifecycle of the built environment. With around 20,000 skilled and committed professionals in nine countries, we help customers improve energy efficiency, sustainability and automation in buildings, infrastructure and industrial environments through our main brands, Assemblin and Caverion, alongside several other commercial and product brands. The Group generated SEK 41 billion (EUR 3.7 billion) in revenue over the last twelve months.
www.assemblincaverion.com
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