Ramirent has signed a five-year rental and cooperation agreement with Havator
18.05.2010
Ramirent has acquired Havator Group’s access platform operation and has signed a five-year rental and cooperation agreement with Havator in Finland, Sweden and Norway. The acquisition does not include truck-mounted access equipment. The co-operation agreement strengthens Ramirent's position especially within the industrial sector and in large investment projects. The price of the acquisition is not disclosed.
“This is an important co-operation agreement which brings strategic benefits to both parties. By selling our access platform rental business, we can focus on core operations and we can deepen our cooperation with Ramirent to develop efficient solutions for our customers,” comments Havator’s Managing Director Jussi Yli-Niemi.
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 some 350 locations in 13 countries in Northern, Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.
“Havator has established an excellent position in the marketplace and is able to serve its customers throughout the logistics chain. We believe that, together we can further strengthen our competitiveness particularly with industrial customers in countries where both have operations. We are very happy to expand our cooperation with Havator,” says Kari Aulasmaa, SVP, Ramirent Europe East and Finland.
“The agreement fits very well with our Group strategy of increasing our activities within the industrial sector and it also takes advantage of our international network,” says Magnus Rosén, CEO, Ramirent Group.
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