Finnish government approves business transfer between Metsa Fibre, Botnia Mill Service; Metsa Fibre to take over maintenance operations of their pulp mills, Rauma sawmill, workshop, design services from Botnia Mill Service, a JV owned by Metsa, Caverion

Sample article from our Pulp & Paper Industry

June 28, 2022 (press release) –

Business transfer between Metsä Fibre and Botnia Mill Service has been approved by the Finnish Competition and Consumer Authority

The Finnish Competition and Consumer Authority has approved, pursuant to Metsä Fibre Oy’s application, the arrangement whereby Metsä Fibre Oy will take over the maintenance operations of their pulp mills and the Rauma sawmill as well as the related workshop and design services. The operations are currently performed by Oy Botnia Mill Service Ab, a joint venture company owned by Caverion Industria Oy and Metsä Fibre Oy.

The transaction will be carried out as a business transfer planned to take effect at the end of the year 2022. More information on the arrangement has been published in stock exchange release on 16 May 2022.

CAVERION CORPORATION

Distribution: Nasdaq Helsinki, principal media, www.caverion.com

For further information, please contact:

Elina Engman, Executive Vice President, Caverion Industry, tel. +358 50 351 4673, elina.engman@caverion.com

Milena Hæggström, Head of Investor Relations and External Communications, Caverion Corporation, tel. +358 40 5581 328, milena.haeggstrom@caverion.com

Our life is shaped by the environments we build around us. By making built environments smart and sustainable, Caverion enables performance and people’s well-being. Customers can trust our expert guidance during the entire life cycle of their buildings, infrastructure or industrial sites and processes: from design & build to projects, technical and industrial maintenance, facility management as well as advisory services. Our customers are supported by over 14,000 professionals in 10 countries in Northern and Central Europe. Our revenue in 2021 was approximately EUR 2.1 billion. Caverion’s shares are listed on Nasdaq Helsinki.

Caverion - Building Performance

www.caverion.com @CaverionGroup

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