RAMIRENT PLC PRESS RELEASE 12.3.2010
RAMIRENT STRENGTHENS ITS POSITION IN SWEDEN
Ramirent AB, the Swedish wholly-owned subsidiary of Ramirent Plc, has acquired
the rental equipment company Hyrmaskiner i Gävle AB, including Hyrmaskiner i
Mora AB and Hyrmaskiner i Falun AB, operating in Gävleborg and Dalarna under the
brand Tidermans Hyrmaskiner. The company's sales amounted to about 7 EUR million
annually. The acquirement strengthens Ramirent's presence in the middle of
Sweden.
Founded in 1993, Hyrmaskiner i Gävle AB rents out machinery and equipment for
the construction industry in Gävleborg and Dalarna. The company has 40
employees.
Hyrmaskiner i Gävle AB bring valuable knowledge of the local market and have a
geographical presence which complements Ramirent's existing network. The company
enjoys complementary product ranges and can benefit from synergies in sourcing
and efficient use of assets.
“This important acquisition brings us closer to our customers in the middle of
Sweden and is in line with Ramirent's strategy of growing in selected markets. I
warmly welcome Hyrmaskiner i Gävle into the Ramirent family”, says Peter
Dahlsten, Managing Director Ramirent AB.
“In Ramirent we have found a professional and strong owner with company values
similar to ours. I look forward to contributing to the future development of the
Ramirent Group”, says Mikael Persson, Managing Director Hyrmaskiner i Gävle AB.
The acquisition expands Ramirent's presence in Sweden with 5 new outlets.
Hyrmaskiner i Gävle AB will be consolidated as of March 1 2010.
Vantaa, 12.3.2010
RAMIRENT PLC
Magnus Rosén
President and CEO
FURTHER INFORMATION:
Mr. Magnus Rosén, President and CEO, Ramirent Plc, phone +358 (0)20 750 2845
Mr. Peter Dahlsten, Managing Director, Ramirent AB, phone +46(0)31 57 84 32
DISTRIBUTION:
NASDAQ OMX Helsinki
Main news media
www.ramirent.com
Ramirent is a leading equipment rental group delivering Dynamic Rental
Solutions™ that simplify business. We serve a broad range of customers,
including construction and process industries, shipyards, the public sector and
households. In 2009, Group sales totalled EUR 503 million. The Group has 3,000
employees, at 344 locations in 13 countries in Northern, Central and Eastern
Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.
