“Rakentajain Konevuokraamo Oyj is a pioneer and the most profitable company within the sector. By joining forces with Cramo, we are implementing our growth strategy, and creating a very competitive company, with a strong foundation to participate in the likely upcoming consolidation of the equipment rental market. By utilizing best practices of both companies, we have a solid basis for profitable growth and market leadership”, comments Paavo Ruusuvuori, Chairman of the Board of RK.
“From its strong Swedish home base, Cramo has developed over the last ten years into one of the largest general equipment rental services and modular organizations in the Nordic markets, and a successful Pan-European player with its presence in nine countries. With its innovative rental concepts and advanced rental service offerings to a broad customer base, Cramo is well positioned among its competitors. Cramos size and sophistication combined with RKs financial strength and market leadership in Finland creates a new organization of a combined size and strength that is very well positioned for further growth of its already prominent role on Europes equipment rental services market scene”, comments Phil van Haarlem, Chairman of the Board of Cramo.
RK provides a wide range of machinery, equipment and shelters, as well as expertise and contracting services needed in construction projects on a just-in-time basis. Its sub-Group, Tilamarkkinat Oy, is responsible for the development, manufacture, rental and sales of moveable buildings and units. The subsidiary Suomen Projektivuokraus Oy offers project rental services characterized by long rental periods. RK has operations in Finland, Estonia, Poland and Russia, and a network of 69 rental depots.
Cramo rents machinery, equipment and modular space to manufacturers, construction firms and the public sector. The operations include the rental of individual objects for both short-term rental and multi-year agreements. Cramo offers its customers nationwide and fixed price project arrangements. In addition to rental activities, Cramos operations include trade with used machinery and equipment on its own account as well as on the account of its customers. Cramo has operations in Sweden, Norway, Denmark, Finland, Estonia, Latvia, Lithuania, the Netherlands and Poland, and a network of 183 rental depots.Back to transactions