Sitowise and Livair join forces
SITOWISE GROUP PLC INVESTOR NEWS 30 NOVEMBER 2021
Sitowise has acquired Livair Oy – a company founded in 1990 and based in Espoo – who provide planning and consulting services related to HPAC engineering.
“Livair is a respected company, whose expertise perfectly complements our service offering. We have collaborated on projects before and want to provide a productive growth environment for Livair’s expertise”, says Timo Palonkoski, director of Sitowise’s Buildings business area.
Livair has extensive experience in HVAC design and consulting for both new and renovation building sites, as well as line renovations. The company has acted as a design partner e.g. in HOAS Mäkelänrinne, Ajurien talli, Sjökulla learning center, Ruskeasanta Sorttiasema, Inkoo library and Mankkaan Varikko sites, and in several residential line renovation and new construction projects.
“It’s great to be able to grow together with Sitowise in the future – this is an excellent opportunity for us at Livair and for our customers. The expertise of our and Sitowise’s specialists complement each other perfectly, allowing us to offer our customers an even wider range of services. This also enables Livair’s personnel to have even more diverse development and cooperation opportunities as part of a respected organization”, says Livair CEO Kari Ruottinen.
With the acquisition, all of Livair’s contracts and customers as well as HVAC specialists will be transferred to Sitowise.
More information:
Business area director Timo Palonkoski, Sitowise
+358 40 833 0265, timo.palonkoski@sitowise.com
CEO Kari Ruottinen, Livair Oy
+358 40 5110870, kari.ruottinen@livair.fi
Sitowise is a Nordic expert in the built environment that offers sustainable design and consulting services. Sitowise operates in various size projects to enable more responsible and smarter urban development as well as smooth transportation. Sitowise offers its services in the following areas: Buildings, Infrastructure and Digital Solutions. Sitowise’s operations are primarily in Finland and Sweden, and it also has competence centers in Estonia and Latvia mainly serving Sitowise’s projects in Finland and Sweden. The group’s net sales was approximately EUR 160 million in 2020 and the company employs about 2,000 experts. Sitowise is listed in Helsinki Stock Exchange (SITOWS) www.sitowise.com
Insinööritoimisto Livair Oy was founded in 1990. We provide planning and consulting services related to HPAC engineering as a company, where work is based on solid experience and professionalism.