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2016-11-07

Caverion: Metsä Fibre and Caverion enter into agreement on maintenance for sawmills in Vilppula, Finland

Caverion Corporation Investor news 7 November, 2016 at 10.00 a.m. EET

Metsä Fibre and Caverion enter into agreement on maintenance for
sawmills in Vilppula, Finland

Caverion has concluded an partnership agreement with Metsä Fibre
concerning sawmills in Vilppula, Finland. Caverion will be
responsible for maintenance and related managed services on the site
until further notice from December 2016. The value of the agreement
will not be disclosed.

Earlier this year, Metsä Fibre and Caverion announced a partnership
agreement on maintenance concerning sawmills in Lappeenranta and
Renko, in Finland. The agreement now publicised extends the current
co-operation. The partnership aims to continuously improve
operations, competitiveness and quality and it supports the
efficiency of Metsä Fibre and concentrating on its own core business.

"With the help of this partnership, we aim to make our operations more
efficient. Caverion has expertise in maintenance in several sectors,
along with the resources to invest in the broad-based development of
its operations," says Jani Riissanen, Senior Vice President, Sawmill
Business at Metsä Fibre.

"This new agreement will extend our strategic partnership with Metsä
Group. Our strategic growth target is to further strengthen our
position as a provider of maintenance services for industrial
clients, especially in the forestry industry as a whole," says Juhani
Pitkäkoski, Executive Vice President & CEO, Division Industrial
Solutions at Caverion.

[image]

Metsä Fibre is part of Metsä Group and it belongs to Caverion's
industrial client segment.

Image source: Metsä Fibre

For more information, please contact: Kirsi Hemmilä, Communications
Manager, Caverion Finalnd, tel. +358 50 390 0941,
kirsi.hemmila@caverion.com

Caverion designs, builds, operates and maintains user-friendly and
energy-efficient technical solutions for buildings, industries and
infrastructure. Our 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. Our vision is to be a leading European provider of
advanced and sustainable life cycle solutions for buildings and
industries. Our strengths include technological expertise and
comprehensive services, covering all technical disciplines throughout
the entire life cycles of properties and industrial plants. Our
revenue in 2015 was approximately EUR 2.4 billion. Caverion has over
17,000 employees in 12 countries in Northern, Central and Eastern
Europe. Caverion's shares are listed on Nasdaq Helsinki.
www.caverion.com (http://www.caverion.fi/), @CaverionGroup

Join our story: www.caverion.fi/Csaga #Csaga
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http://news.cision.com/caverion/r/metsa-fibre-and-caverion-enter-into-ag...
http://mb.cision.com/Main/14078/2116946/585865.pdf

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