Caverion Suomi Oy and Johnson Controls Finland Oy have signed an agreement whereby Caverion acquires maintenance business of Johnson Controls Finland, with estimated annual net sales of EUR 700 thousand. The companies have committed to strengthening their existing partnership in industrial refrigeration and heat pump installation and services. Johnson Controls in Finland specialises in industrial refrigeration business.
The acquisition is estimated to be closed in August 2025. Johnson Controls’ 8 employees dedicated to industrial refrigeration will be transferred to Caverion.
“Johnson Controls is known for its heat pump and industrial refrigeration, as well as the professional expertise of its field team. We warmly welcome Johnson Controls’ employees to strengthen our market-leading industrial refrigeration team. We are also proud that globally well-known and respected industrial-scale company trusts Caverion’s capability to continue Johnson Controls’ installation and maintenance business in Finland”, says Jussi Lehtonen, Vice President Strategy at Caverion Finland.
Johnson Controls General Manager of Northern Europe, and the United Kingdom John Foley adds: "Caverion was our primary choice both as a partner for installation and maintenance of our products. Caverion has a strong reputation for quality, responsibility and with solid financials, and as such is well aligned with our business values.”
Further information, please contact:
Jussi Lehtonen, VP Strategy, Caverion Finland, jussi.lehtonen@caverion.com, tel. +358 839 9970
Åsvor Brynnel, EVP, Head of Communications and Sustainability, Assemblin Caverion Group, asvor.brynnel@assemblin.se, +46 10 475 39 48