Caverion Finland has concluded an agreement whereby Caverion acquires Stig-Pipe Oy through an asset deal

Stig-Pipe serves large industrial companies in the steel and forest sectors as well as several public sector organisations operating in South Karelia. Stig-Pipe has almost 15 years of experience in mechanical engineering and metalworking and specializes in industrial pipe, metal, sheet metal and scaffolding. The company's annual net sales amount to approximately 2.2 million euros.

"Stig-Pipe has stable and long-lasting customer relationships with companies operating in South Karelia. The transaction now offers customer companies a wide range of services in the technical maintenance, repair and technical design of industrial plants and industrial processes, as well as in infrastructure construction and, for example, in strengthening energy efficiency. We warmly welcome Stig-Pipe's skilled and experienced employees to Caverion, ” says Mika Ruokonen, Head of Caverion's Industrial Service Centres business in Finland.

”For our employees, including me, the business deal with Caverion is a great opportunity to develop professionally with the market leader in the field. Caverion is a financially sound and responsible company with high-quality occupational safety. I am proud that w

About Caverion

Caverion is an expert for smart and sustainable built environments, enabling performance and people’s well-being. Customers can trust our expertise during the entire life cycle of their buildings, infrastructure or industrial sites and processes: from installation and maintenance of base and smart technologies, to managed services as well as advisory and engineering services and digital solutions.

In April 2024, Assemblin and Caverion combined to create a leading northern European technical service and installation company, Assemblin Caverion Group. Together, we are about 20,000 skilled professionals in nine countries, sharing the passion for smart and sustainable solutions. Our combined revenue amounts to SEK 42 billion (EUR 3.7 billion).