Theisen Baumschinen AG has been acquired by Cramo Plc.
March 2011 — 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.
Our role in the transaction
Oaklins' team in Germany acted as the exclusive financial advisor to the Renner family in this transaction.
Prata med transaktionsteamet
Relaterade affärer
Bjärnums Stålprodukter has been acquired by SBF Invest
Bjärnums Stålprodukter AB has successfully completed its ownership transition to SBF Invest and key employees, marking a successful succession for the business.
Lär dig merF.EE has been acquired by One Equity Partners
F.EE GmbH, one of Germany’s leading providers of innovative solutions in mechanical engineering, automation hardware, cabinet control, software and robot programming, has been acquired by One Equity Partners. This transaction will strengthen the private equity firm’s operations in the industrial automation space. The sellers have reinvested and will remain involved in the business for the coming years.
Lär dig merGEVORKYAN has raised over US$10 million in equity through an ABB
GEVORKYAN AS has raised more than US$10 million in equity through an accelerated bookbuild offering (ABB). The company received the full net proceeds from the transaction, enabling further expansion of its production capacity, continued technological innovation and a stronger position in international markets, including investments in robotization and automation.
Lär dig mer