M&A Deal Summary

Cramo Acquires Nordic Modular Group

On October 5, 2018, Cramo acquired business services company Nordic Modular Group from Inter IKEA Investments AB

Acquisition Highlights
  • This is Cramo’s 1st transaction in the Business Services sector.
  • This is Cramo’s 1st transaction in Sweden.

M&A Deal Summary

Date 2018-10-05
Target Nordic Modular Group
Sector Business Services
Buyer(s) Cramo
Sellers(s) Inter IKEA Investments AB
Deal Type Add-on Acquisition

Target

Nordic Modular Group

Upplands Väsby, Stockholm, Sweden
Nordic Modular operates production and letting of prefabricated buildings, divided into business lines Temporent and Flexator. Temporent is one of the biggest companies in Sweden renting out temporary premises. Flexator has been a market leader in Sweden for 50 years in building prefabricated buildings. Clients are in the private and public sectors.

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Buyer(S) 1

Buyer

Cramo

Vantaa, Finland

Category Company
Founded 1953
Sector Business Services
Revenue 729M EUR (2017)
DESCRIPTION

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.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-11 Office Management

Kista, Sweden

Office Management is a complete supplier of office equipment and communication and IT solutions. The idea is to provide complete office solutions, which means that customers can focus on their own business activities. Office Management specializes in equipment and systems for document management, telephony, videoconferencing, IT services, conference equipment, dictation, beverage machines, accessories and office supplies. Proprietary technology and support staff ensure that the customer always gets the best service.

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