Theisen Baumschinen AG has been acquired by Cramo Plc.
Arrex-Beteiligungs-GmbH, a holding company owned by the Renner family, has announced the sale of Theisen Baumaschinen AG (Theisen) to Cramo plc. Financial details have not been disclosed.
Theisen is among the top three providers of equipment rental services in Germany. The rental fleet consists primarily of construction machinery, access equipment and tools. In addition to equipment rental, the company carries out a smaller equipment trading operation. International operations include nine rental depots in Austria, three in Switzerland and one in Hungary.
Cramo plc. is a Finnish listed equipment rental group. Through the acquisition of Theisen, Cramo strengthens its market position in the European equipment rental market. Cramo’s sales in the central and eastern parts of Europe will more than double. Based on the combined goup’s sales, Cramo will be the second largest rental group in Europe.
For the Renner family the deal with Cramo is an excellent opportunity to combine Theisen’s operations with one of the leading companies in the equipment rental market which is capable of taking the business to the next level.
Oaklins' team in Germany acted as the exclusive financial advisor to the Renner family in this transaction.
Prata med transaktionsteamet
Relaterade affärer
East Metal has been acquired by management and private investors
The Latvia-based metalworking company East Metal has been acquired from its former Danish owner, East Metal Holding, through a management buy-out (MBO) by a group of private investors, the current owners of Valpro, in partnership with the local management team. Financing for the transaction was provided by Signet Bank.
Lär dig merQuantum Base Holdings plc has completed its official admission to AIM
Quantum Base began trading on the London Stock Exchange’s AIM market under the ticker QUBE following a US$6.4 million (£4.8 million) fundraising round. The company develops Q-ID tags, a quantum-based authentication technology designed to prevent counterfeiting by leveraging atomic-level randomness. Proceeds from the listing will fund product development and commercial expansion, including new operational and commercial hires.
Lär dig merHe-Man Dual Controls has been acquired by Lagercrantz UK Limited
Lagercrantz UK Limited has acquired 100% of the shares in HM Holding Limited (He-Man Dual Controls), a leader in supplemental control systems for vehicles.
Lär dig mer