“The acquisition is fully in line with our Shape and Share strategy and will strengthen Cramo’s position in the important German market and supports our ambitions to grow profitably. It expands our business model and also enables the development of new customer solutions”, says Leif Gustafsson, CEO and President of Cramo Group.
“I’m happy that the company that I founded fourteen years ago has found a good new owner with Cramo. I look forward to continuing to develop and grow the business together with the excellent people at KBS Infra as well as with our new colleagues at Cramo”, says Oliver Karrié, the founder and Managing Director of KBS Infra.
Cramo Plc provides equipment rental services. The services comprise a full range of machinery and equipment and related services. The network of 300 depots provides a wide variety of product and rental offerings according to local demand. With a total number of equipment over 220,000 and over 150,000 customers, Cramo serves construction companies, manufacturing industry, the public sector and private customers in the Nordic countries and Central and Eastern Europe.
KBS Infra is a leading, high-quality construction site logistics company in Germany, with estimated sales of approximately 35 million euros in 2017. The company is headquartered in Mainz, near Frankfurt am Main, and operates nationwide through its four sites in Germany. The company has 180 employees. KBS Infra’s service offering is built around the extensive construction site planning and logistics expertise of its employees. KBS Infra offers extensive construction site facility management and logistics services as well as on-site electricity services, hence being typically the first company to enter the construction site and the last one to leave. The company is able to offer a range of services starting from the rental of containers as well as other equipment all the way to executing fully fledged construction site planning, vigilance and logistics services, including scheduling of deliveries, access control, management of other on-site subcontractors and arranging 3rd party rental equipment on behalf of its customers. The company’s fleet consists of approximately 6,000 containers in addition to extensive amount of on-site electricity equipment and other equipment related to construction site usage. Through its container fleet KBS Infra provides temporary space solutions mainly as site-huts related to construction site logistics services, but also for diverse event-specific applications, schools, day-cares, asylum seeker accommodation and offices.Back to transactions