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.
Talk to the deal team
Related deals
ENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn moreMulti-Tech and AGJ have been acquired by Wicotec Kirkebjerg, part of the Aarsleff Group
Rent-Tech A/S, including its subsidiaries Multi-Tech A/S and Asger G. Jørgensen A/S (AGJ), has been acquired by Wicotec Kirkebjerg A/S, part of the Aarsleff Group. The transaction creates a strong platform for continued growth and development. With the acquisition of Rent-Tech, Wicotec Kirkebjerg strengthens its industrial service offering and position in West Zealand, Denmark, expanding its capabilities in electrical installations, specialized piping and metalwork services. As part of Wicotec Kirkebjerg, Rent-Tech gains access to additional resources, expertise and larger-scale project opportunities while maintaining their local presence, management teams and long-standing customer relationships. All businesses will continue to operate under their existing brands and leadership teams.
Learn moreAKO Wartungs- und Service GmbH has been acquired by Reinburg Gruppe
The sole shareholder of AKO Wartungs- und Service GmbH, a highly profitable German provider of maintenance, inspection and repair services for emergency power generators, had sold 100% of the company’s shares to REINBURG Gruppe, a portfolio company of private equity investor Strada Partners. The acquisition strengthens REINBURG’s position in the technical services sector and expanded its service portfolio in critical power infrastructure. With more than 800 recurring maintenance contracts, a diversified customer base and strong profitability, AKO represents an attractive addition to REINBURG’s growing portfolio of specialized technical service providers. The transaction also secures a long-term succession solution for AKO and establishes a strong foundation for its continued growth and development as part of a larger, private equity-backed group.
Learn more