Assemblin Caverion Group divests operations in Poland
Caverion Corporation Press Release 24 June 2024 at 13:00 EET
Assemblin Caverion Group divests operations in Poland
Assemblin Caverion Group has signed an agreement to sell the industrial business in Poland to All4Maintenance Sp. z o.o. owned by the local management.
The divested operations have annual sales of approximately EUR 8.7 m (SEK 97.9 m) and about 180 employees. The operations have been a part of the industrial business in Finland.
“Due to the limited footprint and other strategic priorities Assemblin Caverion Group has decided to exit Poland. Together with All4Maintenance Sp z o.o., our Polish operations can continue to develop, and we wish them all the best in future,” Ville Tamminen, CEO, Finland division, Assemblin Caverion Group, comments.
“I am absolutely sure that this change will be an opportunity for the entire wonderful Polish team to embark on a new phase of future growth and Company development,” Piotr Sokalla, CEO, Caverion Poland S.A., comments.
The transaction is expected to be completed in the end of June.
The divestment has no material impact on the financial position and performance of Assemblin Caverion Group.
For questions, please contact:
Jussi Lehtonen, Head of Strategy, Caverion Finland, jussi.lehtonen@caverion.com, tel. +358 40 839 9970
Åsvor Brynnel, EVP Communications, HR and Sustainability, Assemblin Caverion Group, asvor.brynnel@assemblin.se, tel. +46 70 600 73 21
Caverion is an expert for smart and sustainable built environments, enabling performance and people’s well-being. Customers can trust our expertise during the entire life cycle of their buildings, infrastructure or industrial sites and processes: from installation and maintenance of base and smart technologies, to managed services as well as advisory and engineering services and digital solutions. Our customers are supported by about 15,000 Caverion professionals in 10 countries in Northern and Central Europe. Our revenue in 2023 was about EUR 2.5 billion.
In April 2024, Caverion and Assemblin combined to create a leading northern European technical service and installation company, Assemblin Caverion Group. Together, we are approximately 22,000 skilled professionals in 10 countries, sharing the passion for smart and sustainable solutions. Our combined revenue amounts to EUR 3.8 billion.
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