Announced
Completed
Financials
Sources
Tags
Software
Cross Border
information technology
e-commerce
Austria
Acquisition
Completed
Majority
Single Bidder
Friendly
Private
Synopsis
Avalon, a technology company, completed the acquisition of Alea, an Austrian provider of soft facility services with 230 employees, from Caverion, a Finnish listed company that designs, implements and maintains building technology and industrial services. Financial terms were not disclosed. "At Caverion, we together with PORREAL, focus on offering our customers a wide range of technical facility services and smart, sustainable solutions," Manfred Simmet, Caverion Head of Austria division.
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