Caverion strengthens its position as a lifecycle partner to demanding and critical industrial environments
Media Release
31 March 2026 at 8 CET
Caverion Finland and IS-Technics oy have signed an agreement under which Caverion will acquire a business focused on demanding onsite machining and mechanical installations in shipyard and industrial environments from IS-Technics for through an asset transfer on 1 April 2026. The acquired business has annual revenue of approximately EUR 2 million. As part of the asset transfer, eight employees will transfer to Caverion.
The acquired business include demanding onsite machining and mechanical installations, as well as the manufacturing of customer specific, portable field machining equipment used in environments such as shipyards, power plants, nuclear power plants and pulp mills.
The asset transfer complements Caverion’s existing service offering in industrial maintenance and investment projects throughout the entire lifecycle of plants and 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.
Through the acquisition, approximately 30 longstanding industrial customers will transfer to Caverion, further strengthening the company’s position as a lifecycle partner for industrial clients.
“We are proud to bring our specialist expertise as part of Caverion’s services. We see significant opportunities to expand our current service offering and offer our services to Caverion’s existing industrial customers. We are joining Caverion’s organisation with confidence and enthusiasm,” says Jouni Nieminen, CEO of IS-Technics.
Additional information for the media in Finland:
Anniina Kajasviita, Communications Manager, Caverion Finland, tel. +358 50 591 8312, anniina.kajasviita@caverion.com
About Caverion
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.
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.
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