FCCA approves Triton's acquisition of Caverion subject to conditions

The Finnish Competition and Consumer Authority (FCCA) approved Triton's acquisition of Caverion, subject to the condition that Triton divests its portfolio company Fidelix's building automation unit in Joensuu, North Karelia. The European Commission had previously approved the acquisition for markets outside Finland on 31 August 2023.

“The FCCA has investigated the competitive effects of the proposed acquisition of Caverion by Triton in Finland. The European Commission has investigated the competitive effects outside Finland and approved the acquisition on 31 August 2023.”

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