Caverion's Strategic Moves: Strengthening the Future of Energy and Refrigeration
July 1, 2025, 4:33 am
Caverion is on the move. The company is making waves in the energy and refrigeration sectors. Recent acquisitions and partnerships signal a robust strategy aimed at growth and sustainability.
In late June 2025, Caverion Austria announced its acquisition of Lepuschitz Kältetechnik GmbH. This small but significant company specializes in refrigeration and air conditioning. Founded in the 1970s, Lepuschitz has built a reputation in the Carinthia province. With 18 employees and an annual revenue of approximately EUR 4.2 million, it’s a gem in the refrigeration landscape.
Lepuschitz is not just a name; it’s a player in the supermarket refrigeration game. They provide services from planning to installation and maintenance. Their emergency service operates 24/7, ensuring that businesses can keep their cool, literally. This acquisition allows Caverion to deepen its roots in the cooling and refrigeration segment, a key growth area for the company.
Caverion’s CEO, Manfred Simmet, expressed enthusiasm about the acquisition. He emphasized the importance of welcoming both customers and employees into the Caverion family. This acquisition is more than just a business deal; it’s a strategic move to enhance their service offerings and market presence.
But Caverion isn’t stopping there. Just days before the Lepuschitz acquisition, they secured a significant partnership with Exilion for the Kalajoki wind farm. This agreement positions Caverion as the technical maintenance partner for the wind farm, covering everything from preventive to corrective maintenance. The wind farm will be under Caverion’s watchful eye 24/7, ensuring optimal performance.
The Kalajoki wind farm is a testament to Finland’s growing commitment to renewable energy. With 215 wind farms and nearly 1,835 wind turbines, wind power is becoming a cornerstone of Finnish energy production. In 2024, wind power accounted for 19.8 terawatt hours of electricity generation. Exilion’s wind farms contributed significantly to this figure, generating approximately 1 terawatt hour last year.
Caverion’s partnership with Exilion is rooted in trust and proven performance. Their previous collaboration at the Tervola Varevaara wind farm laid the groundwork for this expanded relationship. Exilion’s Operations Manager highlighted the importance of comprehensive domestic management and safe operating methods. Caverion’s experience in the wind power sector positions them as a reliable partner.
As part of this agreement, Caverion is also hiring maintenance technicians in Kalajoki. This move not only strengthens their workforce but also enhances local employment opportunities. The technicians will undergo training, ensuring they are well-equipped to handle the complexities of wind turbine maintenance. Safety is paramount, and Caverion emphasizes that their employees will be trained to work safely at all heights and conditions.
The Mustilankangas wind farm, part of Exilion’s portfolio, has been operational since 2016. With 28 wind turbines, it produces approximately 265 gigawatt hours annually. The investment in this wind farm alone was around 110 million euros. This is a clear indication of the scale and importance of wind energy in Finland.
Caverion’s commitment to renewable energy is evident. They are not just builders; they are maintainers of clean energy infrastructure. Their expertise spans the entire lifecycle of energy production, from installation to maintenance. This holistic approach ensures that energy production remains efficient and sustainable.
The combination of Caverion and Assemblin in 2024 created a powerhouse in the technical service and installation sector. With over 20,000 skilled professionals across nine countries, they are poised to tackle the challenges of modern energy and infrastructure needs. Their combined revenue of SEK 42 billion (EUR 3.7 billion) reflects their significant market presence.
Caverion’s strategic acquisitions and partnerships are more than just business maneuvers. They represent a vision for a sustainable future. By investing in refrigeration and renewable energy, Caverion is positioning itself as a leader in smart and sustainable built environments.
The landscape of energy and refrigeration is changing. Companies like Caverion are at the forefront, adapting to new challenges and opportunities. Their focus on sustainability and efficiency is not just a trend; it’s a necessity. As they continue to grow and evolve, the impact of their work will resonate throughout the industry.
In conclusion, Caverion’s recent activities highlight a clear strategy: to enhance their capabilities in energy and refrigeration while promoting sustainability. Their acquisitions and partnerships are paving the way for a brighter, greener future. As they expand their footprint, they are not just building a company; they are building a legacy. The future looks promising for Caverion, and the energy and refrigeration sectors will undoubtedly feel the ripple effects of their strategic decisions.
In late June 2025, Caverion Austria announced its acquisition of Lepuschitz Kältetechnik GmbH. This small but significant company specializes in refrigeration and air conditioning. Founded in the 1970s, Lepuschitz has built a reputation in the Carinthia province. With 18 employees and an annual revenue of approximately EUR 4.2 million, it’s a gem in the refrigeration landscape.
Lepuschitz is not just a name; it’s a player in the supermarket refrigeration game. They provide services from planning to installation and maintenance. Their emergency service operates 24/7, ensuring that businesses can keep their cool, literally. This acquisition allows Caverion to deepen its roots in the cooling and refrigeration segment, a key growth area for the company.
Caverion’s CEO, Manfred Simmet, expressed enthusiasm about the acquisition. He emphasized the importance of welcoming both customers and employees into the Caverion family. This acquisition is more than just a business deal; it’s a strategic move to enhance their service offerings and market presence.
But Caverion isn’t stopping there. Just days before the Lepuschitz acquisition, they secured a significant partnership with Exilion for the Kalajoki wind farm. This agreement positions Caverion as the technical maintenance partner for the wind farm, covering everything from preventive to corrective maintenance. The wind farm will be under Caverion’s watchful eye 24/7, ensuring optimal performance.
The Kalajoki wind farm is a testament to Finland’s growing commitment to renewable energy. With 215 wind farms and nearly 1,835 wind turbines, wind power is becoming a cornerstone of Finnish energy production. In 2024, wind power accounted for 19.8 terawatt hours of electricity generation. Exilion’s wind farms contributed significantly to this figure, generating approximately 1 terawatt hour last year.
Caverion’s partnership with Exilion is rooted in trust and proven performance. Their previous collaboration at the Tervola Varevaara wind farm laid the groundwork for this expanded relationship. Exilion’s Operations Manager highlighted the importance of comprehensive domestic management and safe operating methods. Caverion’s experience in the wind power sector positions them as a reliable partner.
As part of this agreement, Caverion is also hiring maintenance technicians in Kalajoki. This move not only strengthens their workforce but also enhances local employment opportunities. The technicians will undergo training, ensuring they are well-equipped to handle the complexities of wind turbine maintenance. Safety is paramount, and Caverion emphasizes that their employees will be trained to work safely at all heights and conditions.
The Mustilankangas wind farm, part of Exilion’s portfolio, has been operational since 2016. With 28 wind turbines, it produces approximately 265 gigawatt hours annually. The investment in this wind farm alone was around 110 million euros. This is a clear indication of the scale and importance of wind energy in Finland.
Caverion’s commitment to renewable energy is evident. They are not just builders; they are maintainers of clean energy infrastructure. Their expertise spans the entire lifecycle of energy production, from installation to maintenance. This holistic approach ensures that energy production remains efficient and sustainable.
The combination of Caverion and Assemblin in 2024 created a powerhouse in the technical service and installation sector. With over 20,000 skilled professionals across nine countries, they are poised to tackle the challenges of modern energy and infrastructure needs. Their combined revenue of SEK 42 billion (EUR 3.7 billion) reflects their significant market presence.
Caverion’s strategic acquisitions and partnerships are more than just business maneuvers. They represent a vision for a sustainable future. By investing in refrigeration and renewable energy, Caverion is positioning itself as a leader in smart and sustainable built environments.
The landscape of energy and refrigeration is changing. Companies like Caverion are at the forefront, adapting to new challenges and opportunities. Their focus on sustainability and efficiency is not just a trend; it’s a necessity. As they continue to grow and evolve, the impact of their work will resonate throughout the industry.
In conclusion, Caverion’s recent activities highlight a clear strategy: to enhance their capabilities in energy and refrigeration while promoting sustainability. Their acquisitions and partnerships are paving the way for a brighter, greener future. As they expand their footprint, they are not just building a company; they are building a legacy. The future looks promising for Caverion, and the energy and refrigeration sectors will undoubtedly feel the ripple effects of their strategic decisions.