Renta completes the acquisition of Gustafssons
Renta Group Oy (“Renta Group” or “Renta”) is pleased to announce the completion of the acquisition of Gustafssons Uthyrning AB (“Gustafssons” or “the Company”). Gustafssons is a Swedish general rental company with three depots, 19 employees and annual revenues of approximately SEK 45 million.
The Company has a highly complementary geographical presence and is perfectly aligned with Renta’s strategy to strengthen its position in the eastern part of Sweden. The transaction marks another strategic step in building a nationwide network in Sweden.
Gustafssons’ customer-centric business model, solid profitability and strong position in the local market makes it an excellent fit for Renta. Together with Gustafssons, we will continue to serve Gustafssons’ customers with the same high-quality services as before, while further expanding the product range and implementing Renta’s cutting edge digital solutions.
Kari Aulasmaa, CEO of Renta Group, said:
“We are delighted to welcome the Gustafssons team into the Group and look forward to working with them. The acquisition of Gustafssons strengthens our position in eastern parts of the country and is a logical step towards our ambition to build a nationwide rental network in Sweden. We are very pleased to join forces with Gustafssons and look forward to the journey ahead. “
About Renta Group
Renta Group is a Northern European full-service equipment rental company founded in 2015. Renta has operations in Finland, Sweden, Norway, Denmark, Poland, and the Baltics, with 166 depots and over 1,750 employees. Renta is a general rental company with a wide range of construction machines and equipment along with related services. In addition to operating a network of rental depots, Renta is a supplier of scaffolding and weather-protection services. For more information, please visit www.renta.com
About Gustafsson
Gustafssons Uthyrning AB is a Swedish general rental company, founded in 1975. The Company has three depots located in Oskarshamn, Västervik and Vimmerby. For more information, visit https://brg.nu/
Enquiries: ir@renta.com
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