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Competition Authorities Approve Acquisition: Caverion Denmark Acquires GK Denmark’s service business

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Press release | March 12th 2026

The competition authorities have approved Caverion Denmark A/S’s acquisition of GK Denmark A/S’s service business, including Vagns VVS A/S. The acquisition creates one of the market’s leading companies within technical services and technical facility management.

As part of GK’s decision to exit the Danish market, GK Denmark’s service business, including Vagns VVS and nearly 200 employees, will become part of Caverion Denmark and take on a central role in the overall organization. With the transfer taking effect on 1st May, the employees will continue their work within a strengthened framework at Caverion.

“We are pleased with the approval from the competition authorities and look forward to initiating the integration process and welcoming new employees and customers to Caverion. Together, we stand stronger and can take on more and increasingly complex projects for the benefit of both current and future customers. GK Denmark’s strong position within service adds valuable competencies and a solid foundation that we can continue to build on,” says Caverion Denmark’s CEO Carsten Sørensen.

Over recent years, GK Denmark’s service business has been a significant growth area, delivering strong results and maintaining a nationwide presence. Caverion Denmark is therefore acquiring a well-managed and high-performing service organization.

“We are now taking the next important step in the process of becoming part of Caverion. We have built a strong service business with skilled technicians and close partnerships across the country, and we will bring that foundation with us. I see great opportunities in combining our local strength with Caverion’s broader technical platform,” says Lars Sjørring, Director of GK Denmark’s Service Business, who will join Caverion Denmark’s management team.

Strengthened Core Business with Proven Impact
With the acquisition, Caverion strengthens its position within ventilation, cooling, plumbing, electrical systems, fire safety, security, and sprinkler systems. This enables Caverion to bundle multiple technical disciplines under a single agreement and deliver more integrated and holistic solutions. At the same time, GK Denmark’s service organization will be combined with Caverion’s expertise in technical facility management, including data-driven operations and advisory services. This creates a foundation for measurable improvements in customers’ buildings.

“Our ambition is to deliver 10–15% operational optimization through improved use of data, systematic maintenance, and targeted investments. Especially within cooling and ventilation, we see significant potential in working with energy efficiency, indoor climate, and stable operations,” emphasizes Carsten Sørensen, adding:
“Our goal is to move customers from standalone service agreements toward more comprehensive and value-creating partnerships.”

Shared Direction and Mutual Respect
Both Carsten Sørensen and Lars Sjørring emphasize that the integration will be carried out with mutual respect for both organizations. In Aarhus and Odense, operations will be consolidated in GK’s current premises, while in Copenhagen, the combined organization will operate from Caverion’s existing facilities in Skovlunde.

“It is important to us that the integration is experienced as a genuine collaboration – not as one organization absorbing the other. We see a clear cultural and value-based alignment, with a strong focus on integrity, quality, and long-term customer relationships, which provides a solid foundation for our collaboration,” say Carsten Sørensen and Lars Sjørring.

For Further Information, Please Contact

Lena Sørensen, Marketing & Communication Manager, Caverion Denmark
Email: lena.sorensen@caverion.com
Mobile: +45 2721 0994

Carsten Sørensen, CEO, Caverion Denmark
Email: carsten.soerensen@caverion.com
Mobile: +45 6010 6161

About Caverion Denmark

Caverion is an international operations and technology company employing approximately 750 people in Denmark. We support Danish and international customers with smart and sustainable solutions within the building, transport, industrial, utilities, and energy sectors.

Customers rely on our expertise throughout the entire lifecycle of their buildings, infrastructure, or industrial facilities and processes. Our competencies range from electrical systems, climate solutions, high- and medium-voltage systems, automation, security, and EV infrastructure to facility management services, performance management, lifecycle agreements, and complex engineering and digitalization solutions.

www.caverion.dk
#Caverion #BuildingPerformance

About Assemblin Caverion Group

Assemblin Caverion Group is a leading Northern European provider of technical services and installations. The Group employs approximately 20,000 skilled professionals across nine countries, united by a passion for smart and sustainable solutions.

We deliver installations, technical services, and solutions throughout the entire lifecycle of the built environment, supporting customers in their growing demand for energy efficiency, sustainability, and automation across buildings, infrastructure, and industrial facilities.

Assemblin Caverion Group was formed in April 2024 through the merger of Assemblin Group and Caverion Corporation. The combined annual revenue amounts to approximately SEK 41.1 billion / EUR 3.7 billion.

www.assemblincaverion.com
#AssemblinCaverionGroup #StrongerTogether

About GK Denmark

GK Danmark, including Vagns VVS, focuses on servicing and maintaining ventilation, cooling, plumbing, and sprinkler systems.

The company employs 184 technical specialists serving customers throughout Denmark, with strategic hubs in Copenhagen, Odense, Aarhus, Kolding, Holeby, and Nakskov. Its customer base primarily consists of municipalities, property owners and investors, production facilities, and retail chains.

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