Bloomberg:CAV1V@FH

Caverion to deliver process electrical and instrumentation installations in the Stora Enso Oulu mill

Retrieved on: 
Wednesday, May 8, 2024

HELSINKI, May 8, 2024 /PRNewswire/ -- Stora Enso Oulu Oy has chosen Caverion to deliver work related to process electrics and instrumentation installations in their Oulu mill. The work is related to the project, where one of the production lines in the Oulu mill is converted into a consumer packaging board line.

Key Points: 
  • HELSINKI, May 8, 2024 /PRNewswire/ -- Stora Enso Oulu Oy has chosen Caverion to deliver work related to process electrics and instrumentation installations in their Oulu mill.
  • The work is related to the project, where one of the production lines in the Oulu mill is converted into a consumer packaging board line.
  • Caverion has the most extensive network of service centres and project professionals in Finland, employing hundreds of skilled installers, with strong experience in process electrical and instrumentation installation," says Kari Aalto, Head of Infrastructure and Industrial Projects, Caverion Industry.
  • For more information please contact:
    Kari Aalto, Head of Infrastructure and Industrial Projects, Caverion Industry, +358 40 5662127, [email protected]

Pasi Päivärinta appointed as interim CFO of Caverion

Retrieved on: 
Tuesday, April 30, 2024

HELSINKI, April 30, 2024 /PRNewswire/ -- Pasi Päivärinta, Head of Group Business Control, has been appointed as interim CFO of Caverion Corporation as of 1 May 2024. He reports to President and CEO of Caverion Corporation Jacob Götzsche and Philip Carlsson, CFO of Assemblin Caverion Group. Päivärinta has worked in the company since 2018.

Key Points: 
  • HELSINKI, April 30, 2024 /PRNewswire/ -- Pasi Päivärinta, Head of Group Business Control, has been appointed as interim CFO of Caverion Corporation as of 1 May 2024.
  • He reports to President and CEO of Caverion Corporation Jacob Götzsche and Philip Carlsson, CFO of Assemblin Caverion Group.
  • Päivärinta has worked in the company since 2018.
  • As announced earlier, Caverion Corporation and Assemblin Group AB combined on 1 April 2024 to create a leading northern European technical service and installation company, Assemblin Caverion Group.

Caverion to be responsible for technical facility management for Saab's real estate in Sweden - Caverion strengthens its position as one of the Sweden's largest technical facility management suppliers

Retrieved on: 
Tuesday, April 16, 2024

HELSINKI, April 16, 2024 /PRNewswire/ -- Caverion has signed a contract with Saab AB for the technical facility management of Saab's real estate nationwide in Sweden. Caverion will be responsible for the operation and management of Saab's properties which have high security requirements.

Key Points: 
  • HELSINKI, April 16, 2024 /PRNewswire/ -- Caverion has signed a contract with Saab AB for the technical facility management of Saab's real estate nationwide in Sweden.
  • Caverion will be responsible for the operation and management of Saab's properties which have high security requirements.
  • And that Saab can maintain or even increase the value of its properties", says Uno Lundberg, Head of Caverion Sweden.
  • Read more about our facility management services: www.caverion.com/catalog/services/facility-management/
    Erika Björnesparr, Head of Marketing and Communications, Caverion Sweden

Caverion to deliver building solutions for new chalets in Himos, ski destination in Central Finland

Retrieved on: 
Monday, April 8, 2024

HELSINKI, April 8, 2024 /PRNewswire/ -- The Finnish retail chain Osuuskauppa Keskimaa has selected Caverion to implement the building solutions for the holiday apartments and restaurant to be built in Himos, Central Finland.

Key Points: 
  • HELSINKI, April 8, 2024 /PRNewswire/ -- The Finnish retail chain Osuuskauppa Keskimaa has selected Caverion to implement the building solutions for the holiday apartments and restaurant to be built in Himos, Central Finland.
  • "Our services being built at Himos will definitely attract more people to visit Himos and increase tourism in Central Finland.
  • The project will also have a very significant impact on employment in the current downturn in the construction sector.
  • Caverion is responsible for the implementation of building solutions for the properties, including heating, sanitation and ventilation, electricity, security, refrigeration and cooling.

Notification according to Chapter 9, Section 10 of the Finnish Securities Markets Act of change in holdings in Caverion Corporation shares: Apollo HoldCo SARL

Retrieved on: 
Wednesday, April 3, 2024

According to the announcement, the holding exceeded the threshold on 2 April 2024.

Key Points: 
  • According to the announcement, the holding exceeded the threshold on 2 April 2024.
  • According to the announcement, the indirect holding of Apollo HoldCo SARL in Caverion Corporation ("Caverion") increased to 129,361,829 shares, corresponding to 93.12 percent of Caverion's shares and voting rights.
  • Caverion has one share series, each share entitling to one vote.
  • Caverion's registered total number of shares amounting to 138,920,092 has been used in the calculation of percentages for the announcement.

Notification according to Chapter 9, Section 10 of the Finnish Securities Markets Act of change in holdings in Caverion Corporation shares: Crayfish TopCo SARL

Retrieved on: 
Wednesday, April 3, 2024

HELSINKI, April 3, 2024 /PRNewswire/ -- Caverion Corporation has on 2 April 2024 received an announcement under Chapter 9, Section 5 of the Finnish Securities Markets Act, according to which the indirect holding of Crayfish TopCo SARL (on behalf of itself and its controlled undertakings specified herein) has decreased below the threshold of 5 percent. According to the announcement, the holding decreased below the threshold on 2 April 2024.

Key Points: 
  • According to the announcement, the holding decreased below the threshold on 2 April 2024.
  • According to the announcement, the indirect holding of Crayfish TopCo SARL in Caverion Corporation ("Caverion") decreased to 0 shares, corresponding to 0.0 percent of Caverion's shares and voting rights.
  • Caverion has one share series, each share entitling to one vote.
  • Caverion's registered total number of shares amounting to 138,920,092 has been used in the calculation of percentages for the announcement.

Oslo University Hospital enters Norway's largest energy performance contract with Caverion

Retrieved on: 
Monday, March 18, 2024

HELSINKI, March 18, 2024 /PRNewswire/ -- Oslo University Hospital HF (Oslo universitetssykehus, OUS) has committed to significant cuts in energy use by 2030 and is entering into an adapted version of an energy performance contract (EnPC) with Caverion and GK, a technical contractor and service partner.

Key Points: 
  • HELSINKI, March 18, 2024 /PRNewswire/ -- Oslo University Hospital HF (Oslo universitetssykehus, OUS) has committed to significant cuts in energy use by 2030 and is entering into an adapted version of an energy performance contract (EnPC) with Caverion and GK, a technical contractor and service partner.
  • The contract is a 4-year framework agreement, where Caverion has won the tender as the primary contract party.
  • Caverion has also been given the assignment of energy advisory services, which includes for example advice on prioritised order and scope.
  • "OUS has 1 million square meters of hospital buildings which annual energy use will be reduced by 60 GWh by 2030.

Caverion Corporation Applies for the Delisting of Its Shares from Nasdaq Helsinki

Retrieved on: 
Tuesday, March 5, 2024

HELSINKI, March 5, 2024 /PRNewswire/ -- The Board of Directors of Caverion Corporation ("Caverion") has today resolved to apply for the removal of Caverion's shares from public trading and for the delisting of Caverion's shares from the official list of Nasdaq Helsinki Ltd ("Nasdaq Helsinki").

Key Points: 
  • Crayfish BidCo Oy ("Crayfish") holds more than 90 percent of the issued and outstanding shares in Caverion.
  • Crayfish has, by its application to the Redemption Board of the Finland Chamber of Commerce dated 28 November 2023, commenced redemption proceedings in respect of Caverion's minority shares by initiating arbitral proceedings in accordance with Chapter 18, Section 3 of the Finnish Companies Act in order to obtain ownership of all the issued and outstanding shares in Caverion.
  • The Board of Directors of Caverion has today submitted an application to Nasdaq Helsinki for the removal of Caverion's shares from public trading and for delisting of the shares from the official list of Nasdaq Helsinki.
  • In the application, it is requested that the removal of Caverion's from the public trading and the delisting of the shares from Nasdaq Helsinki would become effective as soon as possible after Crayfish has obtained title to all the issued and outstanding shares in Caverion by placing a security referred to in Chapter 18, Section 6 of the Finnish Limited Liability Companies Act.

Inside information: Caverion Corporation and Assemblin Group to combine and create a leading Northern European technical service and installation group - Changes in Caverion's Group Management Board

Retrieved on: 
Tuesday, March 5, 2024

HELSINKI, March 5, 2024 /PRNewswire/ -- Triton Investment Advisers LLP, the company managing the entities comprising Triton Fund V (together "Triton"), which indirectly control Crayfish BidCo Oy, today announces its intention to combine its portfolio companies Assemblin Group AB ("Assemblin") and Caverion Corporation ("Caverion"), under a new brand, the Assemblin Caverion Group. Crayfish BidCo Oy holds approximately 94.39% of all outstanding shares and votes in Caverion (excluding treasury shares).

Key Points: 
  • Upon combination, Assemblin Caverion Group will become a market leading forerunner providing the most comprehensive and cutting-edge solutions across the full lifecycle of the built environment.
  • The leadership team for the new group will be comprised of executives from both Assemblin and Caverion.
  • Assemblin CEO, Mats Johansson, will become the Group CEO of Assemblin Caverion Group.
  • In addition, certain changes will be made to Caverion's Group Management Board in connection with the combination as described further in section "Changes in Caverion's Group Management Board".

Caverion Corporation's Annual Review 2023 is published

Retrieved on: 
Thursday, February 29, 2024

HELSINKI, Feb. 29, 2024 /PRNewswire/ -- Caverion Corporation's Annual Review 2023 has been published today. The Annual Review includes the Board of Directors' Report including Disclosure regarding non-financial information, the consolidated financial statements (IFRS), the parent company financial statements (FAS) and the Auditors' report.

Key Points: 
  • HELSINKI, Feb. 29, 2024 /PRNewswire/ -- Caverion Corporation's Annual Review 2023 has been published today.
  • The Annual Review includes the Board of Directors' Report including Disclosure regarding non-financial information, the consolidated financial statements (IFRS), the parent company financial statements (FAS) and the Auditors' report.
  • In addition, Caverion has published its Corporate Governance Statement, Remuneration Report and Sustainability Report for 2023.
  • The Annual Review, the Corporate Governance Statement, the Remuneration Report and the Sustainability Report are attached to this release as PDF files and the Annual Review containing the official Financial Statements also as an XHTML file.