YIT enters into design partnerships to improve its competitiveness
- Press Release
- 02.05.2011 12:30 CET
JOHNSONS CONTROL'S OPERATION IN COMMERCIAL REFRIGERATION IN SWEDEN TRANSFERS TO YIT ON MAY 2, 2011
PRESS RELEASE MAY 2, 2011 at 13:30
JOHNSONS CONTROL’S OPERATION IN COMMERCIAL REFRIGERATION IN SWEDEN TRANSFERS TO YIT ON MAY 2, 2011
YIT Sverige AB’s acquisition of Johnson Control’s operation in commercial refrigeration is now completed and the operation is transferred to YIT on May 2, 2011.
- The process has been very positive and gone according to the plan. We are now welcoming new employees as well as new customers to YIT, says Fredrik Sederholm, CEO of YIT Sverige AB.
The acquired business has over 100 employees operating in over 25 locations throughout Sweden and it’s revenue amounts to SEK 140 million i.e. EUR 15 million.
YIT published a press release on the intent to buy these operations on March 24, 2011.
For futher information, please contact:
Fredrik Sederholm, CEO, YIT Sverige AB, phone +46 (0)8 705 32 0
Christel Svensson, Information manager, Sverige AB, phone +46 (0)8 705 32 00
YIT CORPORATION
Virva Salmivaara
Senior Vice President, Corporate Communications
Distribution: principal media, www.yitgroup.com
YIT is a significant European services company operating in the fields of building, construction and industry. We build, develop and maintain a comfortable living environment in the Nordic countries, Central Europe, Russia and the Baltic countries. In 2010 YIT's revenue was EUR 3.8 billion. The Group employs close to 26,000 people. YIT is listed in the NASDAQ OMX Helsinki Stock Exchange.
YIT is the Swedish leader in installation and service of building system services. The company offers a complete assortment in technical installations, operations and maintenance, and facilities management. Through functional installations for, among other things, electricity, heating, ventilation, cooling, sanitation, process media, security and protection, as well as datacom and telecom networks, the services contribute to profitability, security and better living environments. YIT operates with more than 4,000 employees at approximately 100 sites in Sweden.
