Since the combination of Assemblin and Caverion in April 2024, a shared strategic foundation has formed the basis for effective, successful, and sustainable operations across the markets the Group operates in. The transformation from two strong companies into one Assemblin Caverion Group with a shared culture and governance combined with local ownership strengthens resilience and the ability to capture the diverse business opportunities ahead.
A stable foundation
At their core, the operations of Assemblin Caverion Group build on in-depth specialist expertise, as well as extensive experience of different types of buildings, infrastructure and industrial facilities. Combined with a strong lifecycle perspective, high
digital maturity, and strategic expertise, this makes Assemblin Caverion Group an attractive and comprehensive technical service and installation partner. The Group’s growth strategy capitalizes on a uniquely broad offering, which is presented through various brands in different markets, subject to local delivery capacity.
Local, strong and sustainable operations
Assemblin Caverion Group operates mostly locally, but all operations are anchored in a common foundation outlining basic requirements. The purpose is to harness the power inherent in
decentralized operations, enable collaboration and sharing of operational excellence, while controlling the Group’s risks and safeguarding certain minimum levels in key areas. The most basic tools in this work include clear organizational and governance models, united by group-wide values and governing documents, as well as common target areas, reporting procedures and follow-up.
Key strategic value drivers
To safeguard successful development, Assemblin Caverion Group has established key areas of operational focus – people, customers and operational excellence – alongside a growth strategy with a keen focus on profitability. The Group has also identified five key drivers of strategic value valid for all operations:
Accelerating the Service business
Further scaling the service side of the business is important to get closer to the customers, strengthening the value proposition and making the Group more resilient to market downturns.
Scaling-up technical areas and customer segments of rapid growth
The Group operates in multiple segments and technical areas, and even though the largest ones are where the focus sits, the Group has identified additional growth opportunities in selected fast-growing segments, which are important to invest in.
Improving unit-level performance
Part of the success comes from a continuous work with ensuring all units are profitable and grow over time. Closing or turning around loss making units as well as lifting performers are important.
Lean operative expenses and selective culture in tendering
The market and business do not allow for high spending. Being lean, ensuring low overhead costs and continuously being selective in tendering are key factors for success and stability in the long term.
Value adding acquisition strategy
The Group builds strong, local businesses that grow organically with proven leaders. In addition, the Group continues to successfully grow through strategic acquisitions as well as
local, smaller acquisitions that complement the existing business.