CAVERION OYJ 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 EUR 8.7 m (SEK 97.9 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.
DownloadsAttachments
- Original Link
- Permalink
Disclaimer
Caverion Oyj published this content on 24 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 June 2024 10:15:48 UTC.
