Careers Media Change region Frontpage About us Caverion in brief History New company, long history Caverion was established through the demerger of Building Services and Industrial Services businesses from YIT Group in June 2013. The company is new, but we already have a long history and lots of valuable competence. We have roots in 10 countries across the Northern, Central and Eastern Europe. Caverion is a truly European company As part of YIT, Caverion’s roots go back to 1912 when the Swedish company Allmänna Ingeniörsbyrån (AIB) established a branch office in Helsinki. Over the years, YIT developed into Finland’s leading builder of water supply and sewerage systems. In the 1970s, YIT started providing service and maintenance in properties, later followed by maintenance of industrial pipelines. The origins of Caverion’s business in building systems and industrial services lie in this business. The building systems and industrial services business has grown over the years both organically and through acquisitions. In 2001−2010 the business was strongly expanded to cover totally new geographical areas. Through the acquired companies, the roots of our company go back even further in history. Key acquisitions in Caverion’s history: 1995: Huber Oy 2001: Calor AB 2003: ABB building systems operations 2008: MCE AG building systems operations 2010: Caverion GmbH Acquisition history » Would you like to hear more about our service areas or disciplines? Contact us Service areas About us Disciplines References Client segments Investors Contact © 2019 Caverion Corporation Terms of use Privacy notice Cookie notice