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M&A Activity • Jun 28, 2022
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M&A Activity
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Business transfer between Metsä Fibre and Botnia Mill Service has been approved by the Finnish Competition and Consumer Authority
Caverion Corporation Stock exchange release 28 June 2022 at 11.30 a.m. EEST
Business transfer between Metsä Fibre and Botnia Mill Service has been approved by the Finnish Competition and Consumer Authority
The Finnish Competition and Consumer Authority has approved, pursuant to Metsä Fibre Oy's application, the arrangement whereby Metsä Fibre Oy will take over the maintenance operations of their pulp mills and the Rauma sawmill as well as the related workshop and design services. The operations are currently performed by Oy Botnia Mill Service Ab, a joint venture company owned by Caverion Industria Oy and Metsä Fibre Oy.
The transaction will be carried out as a business transfer planned to take effect at the end of the year 2022. More information on the arrangement has been published in stock exchange release on 16 May 2022.
CAVERION CORPORATION
Distribution: Nasdaq Helsinki, principal media, www.caverion.com
For further information, please contact:
Elina Engman, Executive Vice President, Caverion Industry, tel. +358 50 351 4673, [email protected]
Milena Hæggström, Head of Investor Relations and External Communications, Caverion Corporation, tel. +358 40 5581 328, [email protected]
Our life is shaped by the environments we build around us. By making built environments smart and sustainable, Caverion enables performance and people's well-being. Customers can trust our expert guidance during the entire life cycle of their buildings, infrastructure or industrial sites and processes: from design & build to projects, technical and industrial maintenance, facility management as well as advisory services. Our customers are supported by over 14,000 professionals in 10 countries in Northern and Central Europe. Our revenue in 2021 was approximately EUR 2.1 billion. Caverion's shares are listed on Nasdaq Helsinki.
Caverion - Building Performance
www.caverion.com @CaverionGroup