M&A Deal Summary

Boels Rental Acquires Cramo

On November 11, 2019, Boels Rental acquired business services company Cramo for 592M EUR

Acquisition Highlights
  • This is Boels Rental’s 2nd transaction in the Business Services sector.
  • This is Boels Rental’s largest (disclosed) transaction.
  • This is Boels Rental’s 1st transaction in Finland.

M&A Deal Summary
Date 2019-11-11
Target Cramo
Sector Business Services
Buyer(s) Boels Rental
Deal Type Add-on Acquisition
Deal Value 592M EUR

Target

Cramo

Vantaa, Finland
website
Cramo is a service company specializing in equipment rental services, as well as rental of modular space. The company equipment rental services comprise machinery and equipment rental as well as rental-related services. Cramo was formed in 1953 and is based in Vantaa, Finland.

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Buyer(S) 1

Buyer

Boels Rental

Stockport, United Kingdom

website

Category Company
Founded 1977
Sector Business Services
DESCRIPTION

Boels Rental is a rental company that provides services through an international network of over 750 rental locations in both general and specialist rental. As well as through its network of almost 3000 DIY shop-in-shops. The company prides itself on the ability to exceed customers’ expectations with innovative rental equipment. By optimizing the usage of an extensive range of environmentally friendly equipment in a shared economy and decreasing transport distances. Boels Rental was formed in 1977 and is based in Stockport, United Kingdom.

DEAL STATS #
Overall 2 of 3
Sector (Business Services) 2 of 3
Type (Add-on Acquisition) 2 of 3
Country (Finland) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-22 ABIRD

Rotterdam, Netherlands

ABIRD is specializing in the rental of compressed air equipment. ABIRD was founded in 1962 and is based in Rotterdam, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-11 Riwal

Dordrecht, Netherlands

Riwal rents and sells aerial work platforms, telehandlers, and forklift trucks in the Netherlands and internationally. Riwal is based in Dordrecht, Netherlands.

Buy -
Mergr

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