Caverion completed the acquisition of CS electric.

Caverion, a company that designs, implements and maintains building technology and industrial services, completed the acquisition of CS electric, an automation company. Financial terms were not disclosed. "We have in recent years experienced significant growth and demand for our technology solutions and services targeting Marine, Energy and other industries. Caverion's size, international presence and capabilities offer significant benefits to further develop our business together. Further, our combined business will have the scale to dedicate additional resources to development of new technologies like for example Power-to-X and sector coupling," Søren Mathiasen, CS electric CEO.