Crayfish BidCo gains title to Caverion's minority shares; shares to be delisted

Crayfish BidCo Oy has completed the acquisition of Caverion Corporation's minority shares. The company has secured ownership of all remaining shares through a security posted with an arbitral tribunal. This action signifies that minority shareholders involved in the redemption proceedings are entitled to receive the redemption price and accrued interest.

Following Crayfish BidCo's acquisition and Caverion's application, Nasdaq Helsinki has approved the delisting of Caverion shares from its official list. The cessation of trading will take effect today, as per a separate announcement from Nasdaq Helsinki.

Caverion is a Northern and Central European expert in smart and sustainable environments for buildings, infrastructure, and industrial sites. The company offers services throughout the entire lifecycle of built assets, from design and build to technical maintenance, facility management, and advisory services. Caverion Group employs approximately 14,500 professionals across 10 countries.