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Caverion Deutschland GmbH acquired S&A Schaltanlagenbau GmbH (closed March 31, 2026) and Kees Klima- und Kältetechnik GmbH (closing estimated end of May 2026). S&A Schaltanlagenbau had annual revenue of €6 million and 45 employees; Kees had revenue of €6.1 million and 40 employees.