Assemblin Caverion Group – Assemblin Caverion Group divests operations in Poland
Assemblin Caverion Group has signed an agreement to sell the industrial business in Poland to All4Maintenance Sp. z o.o. owned by the local management.
The divested operations have annual sales of approximately SEK 97.9 m (EUR 8.7 m) and about 180 employees. The operations have been a part of the industrial business in Finland.
“Due to the limited footprint and other strategic priorities Assemblin Caverion Group has decided to exit Poland. Together with All4Maintenance Sp z o.o., our Polish operations can continue to develop, and we wish them all the best in future,” Ville Tamminen, CEO, Finland division, Assemblin Caverion Group, comments.
“I am absolutely sure that this change will be an opportunity for the entire wonderful Polish team to embark on a new phase of future growth and Company development,” Piotr Sokalla, CEO Caverion Poland S.A., comments.
The transaction is expected to be completed in the end of June.
The divestment has no material impact on the financial position and performance of Assemblin Caverion Group.
SourceAssemblin Caverion Group
EMR Analysis
More information on Assemblin Caverion Group: https://www.assemblin.com/about-us/assemblin-caverion-group/ + https://www.assemblincaverion.com/ + The 1 april 2024 we became Assemblin Caverion Group, together we will form Assemblin Caverion Group, a leading Northern European technical service and installation company. A true market leading forerunner, providing the most comprehensive and cutting-edge solutions across the full lifecycle. Together, we continue to care, lead and deliver: smart and sustainable solutions for the built environment.
With our headquarters nestled in Stockholm, Sweden, we serve clients from our divisions at Assemblin and Caverion in Sweden, Finland, Norway, Austria, Germany, Denmark, as well as the Baltics and Poland.
- 3.8 billion EUR / SEK 43.5 billion in combined revenue
- 21,900 combined number of employees
- 10 operating countries
The Parent Company of the combined Group is Assemblin Group AB (under name change to Assemblin Caverion Group AB)
Assemblin Caverion Group’s principal shareholders are Triton Fund IV CF and Triton Fund V, managed by Triton Investment Advisers LLP. Triton is an international investment company founded in 1997. The company’s objective is to enable the creation of better companies through long-term partnerships. Triton invests in medium-sized companies domiciled in Europe that are active in the industry, business services, and health sectors.
More information on Jacob Götzsche (President and Chief Executive Officer, Caverion Corporation + Executive Chairman, Assemblin Caverion Group): See the full profile on EMR Executive Services
More information on Mats Johansson (President and Chief Executive Officer, Assemblin + President and Chief Executive Officer, Assemblin Caverion Group): See the full profile on EMR Executive Services
More information on Philip Carlsson (Chief Financial Officer, Assemblin Caverion Group): See the full profile on EMR Executive Services
More information on Pasi Päivärinta (Head of Group Business Control, Caverion + Interim Chief Financial Officer, Caverion Corporation, Assemblin Caverion Group): See the full profile on EMR Executive Services
More information on Ville Tamminen (Executive Vice President, Chief Executive Officer, Caverion Finland, Assemblin Caverion Group): See the full profile on EMR Executive Services
More information on Piotr Sokalla (Chief Executive Officer, Caverion Poland S.A, Assemblin Caverion Group): See the full profile on EMR Executive Services
More information on All4Maintenance Sp z o.o.: No website available
EMR Additional Financial Notes:
- Major financial KPI’s since 2017 are available on EMR Executive Services under “Financial Results” and comparison with peers under “Market Positioning”
- Companies’ full profile on EMR Executive Services are based on their official press releases, quarterly financial reports, annual reports and other official documents.
- All members of the Executive Committee and of the Board have their full profile on EMR Executive Services
- Caverion Q1 2024 Condensed consolidated interim financial statements can be found here: https://www.caverion.com/contentassets/443c94cd73ea40a383668ba890f29202/integrated/wkr0006.pdf
- Assemblin Caverion Group AB pro forma financial information as of 31 March 2024 and 31 December 2023 can be found here: https://assets-global.website-files.com/65f01d1baf0b63a97b04b769/66578c978dda338a19cbf30a_ACG%20Q1%202024_En.pdf
- Assemblin Caverion Group AB’s January – March 2024 interim financial information can be found here: https://www.assemblin.com/investors/financial-reports/
- Caverion Q4 2023 Financial Statement Release can be found here: https://www.caverion.com/contentassets/37512bc025e34787ab63c4ffb474e9f3/integrated/wkr0006.pdf
- Caverion Q4 2023 Presentation can be found here: https://www.caverion.com/globalassets/investors/en/interim-reports/2023-q4-presentation
- Caverion Q4 2022 Financial Statement Release can be found here: https://www.caverion.com/contentassets/8fa0162bb8194f1dae68c5619166ba1b/integrated/wkr0006.pdf
- Caverion Q4 2022 Presentation can be found here: https://www.caverion.com/globalassets/investors/en/interim-reports/caverion_presentation-slides_q42022_financial-statement-release-final.pdf
- Caverion Capital Markets Day 2022 Presentation can be found here: https://www.caverion.com/globalassets/investors/en/presentations/caverion-capital-markets-day-2022-presentation.pdf
- Caverion 2022 Annual Report can be found here: https://www.caverion.com/globalassets/investors/en/annual-review/2022/caverion-annual-review-2022.pdf
- Caverion 2021 Annual Report can be found here: https://www.caverion.com/globalassets/investors/en/annual-review/2021/caverion-annual-review-2021.pdf
