MT Hojgaard A/S and Ajos A/S have sold Ajos Scaffolding to Ramirent Denmark

December 2011 — MT Hojgaard A/S has sold Ajos Scaffolding, a division of Ajos A/S, to Ramirent Denmark (Ramirent) for an undisclosed consideration.

Ajos Scaffolding, a division of Ajos A/S, is focused on scaffolding rental services, primarily within the greater Copenhagen area and Zealand. It operates as an independent division. Ajos A/S, a subsidiary of the construction company MT Højgaard A/S, hires out equipment for construction, civil engineering and refurbishment projects including cranes, personnel and equipment hoists, working platforms and on-site cabins throughout Denmark.

Ramirent is one of the leading general equipment rental company in the Nordic countries and in central and eastern Europe. Most of its business is within the construction sector but it also includes installation companies, industrial plants, shipyard, national and local authorities, and private households. "Ramirent will incorporate Ajos' 26 employes, experienced and skilled within scaffolding solutions, and 80,000 sqm scaffold, which will help to increase sales within the scaffolding activities in renovation and sheltering," says Ramirent CEO Erik Hill.

MT Højgaard A/S is the leading construction and civil engineering company in Denmark and collaborates with customers throughout Denmark and also abroad.

Our role in the transaction

Oaklins' team in Denmark advised MT Hojgaard A/S in connection with the sale of the scaffolding activities of its subsidiary Ajos A/S.