Add-on Acquisition • Safety/Security

Caverion Acquires LukkoPro

On November 30, 2022, Caverion acquired safety/security company LukkoPro

Acquisition Context
  • This is Caverion’s 1st transaction in the Safety/Security sector.
  • This is Caverion’s 4th transaction in Finland.

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M&A Deal Summary

Date November 30, 2022
Target LukkoPro
Sector Safety/Security
Buyer(s) Caverion
Deal Type Add-on Acquisition

Target Company

LukkoPro

Oulu, Finland
LukkoPro offers smart security services in in six locations: Oulu, Raahe, Ylivieska, Kokkola, Viitasaari and Jyväskylä. LukkoPro was founded in 1976 and is based in Oulu, Finland.
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Buyer Overview 1

Buyer

Caverion

Helsinki, Finland

Category Company
Founded 1912
Sector Business Services
Employees14,958
Revenue 2.2B EUR (2020)
DESCRIPTION

Caverion is involved in designing, building, operating and maintaining user-friendly and energy-efficient technical solutions for buildings, industries and infrastructure. Their services and solutions are used in commercial and residential buildings and on industrial and public sector properties, as well as in processes, ensuring business continuity, safety, healthy and pleasant surroundings, optimal performance and cost management. Caverion was founded in 1912 and is based in Vantaa, Finland.


Deal Context for Buyer #
Overall 5 of 9
Sector: Safety/Security 1 of 1
Type: Add-on Acquisition 4 of 7
Country: Finland 4 of 4
Year: 2022 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-27 TM Voima - Substation & Transmission Line Business

Vantaa, Finland

TM Voima's Substation & Transmission Line Business is a provider in the design and construction of 110-400 kV main grid electricity substations in Finland and Estonia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-28 Alea

Vienna, Austria

Alea is a provider of soft facility services that include basic cleaning, maintenance cleaning, window and facade cleaning, extra cleaning, and technical faculty services. Alea is based in Vienna, Austria.

Sell -