Deal summary Caverion Corporation / Huurre Group Oy
Type of deal: Sale of shares
Deal size (EV): Undisclosed
Sector: Business Services
Object of sale: PwC Corporate Finance acted as financial advisor to Caverion Corporation on the acquisition of Refrigeration Solutions business of Huurre Group Oy, a leading supplier of energy-efficient CO2 based refrigeration systems and related refrigeration automation solutions in Finland and Sweden. The revenue of the business acquired amounted to EUR 48m in 2018.
PwC's advisory team included a broad range of services including financial and tax due diligence, tax structuring, and synergy evaluation services in addition to corporate finance advice.
Seller: Huurre Group Oy
Buyer: Caverion Corporation
Date: Deal announcement October 2019
PwC's role: Buyer advised by PwC
Project Team: CF core team: Kimmo Vilske, Juho Lammi, Esa-Pekka Ruismäki
