Caverion – Trustee appointed for the arbitral proceedings concerning the redemption of minority shares in Caverion Corporation

Crayfish BidCo Oy (“Crayfish”) has, by application to the Redemption Board of the Finland Chamber of Commerce dated 28 November 2023, commenced redemption proceedings in respect of Caverion Corporation’s (“Caverion”) minority shares by initiating arbitral proceedings in accordance with Chapter 18, Section 3 of the Finnish Limited Liability Companies Act in order to obtain ownership of all the issued and outstanding shares in Caverion.

Due to Crayfish’s application for the above-mentioned arbitral proceedings, the Redemption Board of the Finland Chamber of Commerce has petitioned the District Court of Helsinki for the appointment of a trustee to supervise the interests of Caverion’s minority shareholders in the arbitral proceedings. 

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