Ramirent Temporary Spaces re-rented by Zeppelin Rental to end customers in Germany

Vantaa, Finland, 2017-04-25 09:00 CEST (GLOBE NEWSWIRE) --

Ramirent Plc Press release April 25, 2017 10:00 EET

Ramirent will rent high-class temporary spaces to German-based Zeppelin Rental who will re-rent these to local end customers. Ramirent's high-class temporary spaces are made of wood and complement the range of space solutions offered by Zeppelin Rental today.

Zeppelin Rental will start to rent high-class temporary space solutions from Ramirent and re-rent these to end customers in Germany. Ramirent's high-class temporary space solutions are to 95% composed of wood, placing them considerably above industry standards in Germany. Ramirent Temporary Spaces provide excellent insulation, energy efficiency, sound absorption, regulates room humidity and creates a pleasant and healthy indoor climate.

"In the German rental sector, the main standard has been modular space units made of rolled steel structure," says Albrecht Münter, Head of the modular space product line at Zeppelin Rental. "By re-renting from Ramirent, that has expertise of working with wooden modules since the 1980s, we can now offer a new standard of flexible and energy efficient temporary space solutions for schools, kindergartens, offices or accommodation facilities in Germany."

"There are few providers of high class modules in Germany and we see this as an interesting opportunity for growing our temporary space rental sales in a new market," says Dino Leistenschneider, EVP, Sourcing and Fleet management, Ramirent Plc.

Franciska Janzon, SVP, Marketing, Communications, IR, tel. +358 20 750 2859,franciska.janzon@ramirent.com

Ramirent is a leading equipment rental group combining the best equipment, services and know-how into rental solutions that simplify customer's business. Ramirent serves a broad range of customer sectors including construction, industry, services, the public sector and households. Ramirent has operations in the Nordic countries and in Central and Eastern Europe. In 2016, Ramirent Group sales totaled EUR 665 million. The Group has 2,686 employees in 290 customer centers in 10 countries. Ramirent is listed on NASDAQ Helsinki (RMR1V). Ramirent - More than machines®.

Zeppelin Rental is a leading rental service company, providing equipment rental services, logistics management and consulting, temporary infrastructure, traffic safety, energy and electrics with 1,200 employees at 140 rental stores in Germany, Austria, the Czech and the Slovakian Republic. Zeppelin Rental serves customers in construction and process industry, plant engineering, trade, the public sector, landscaping and event sectors. More information is available at www.zeppelin-rental.de. Zeppelin Rental is part of Zeppelin GmbH which is the Group's holding company.

DISTRIBUTION: NASDAQ Helsinki, Main news media, www.ramirent.com



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