ČEZ acquires Czech subsidiary of Finnish Caverion

Finnish Caverion Corporation has sold its subsidiary active in the Czech Republic to KART, a member of the group ČEZ. Caverion Corporation designs, builds, runs, and maintain solutions from the segment of smart buildings and energy efficiency for buildings, industry and infrastructure. The Finnish company said that the Czech Republic was a small market and the transaction made it possible to focus on key enterprises on main markets. Caverion Česká republika recorded income of EUR 2.4m in 2017 and employed 40 people. The value of the transactions was not disclosed.

- ČIA -



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