Vantaa, Finland, 2016-06-17 15:30 CEST (GLOBE NEWSWIRE) —
 

Ramirent Plc           Investor news 17 June 2016 at 16:30 EET

With an expanded cooperation agreement, Ramirent and Skanska Maskin, secure the availability of machines and equipment for their customers in Sweden. The agreement gives both companies the possibility to offer their customers additional products as well as products that can’t be found in their own assortments. The cooperation agreement is for five years and includes an option for prolongation. In conjunction with expanding the agreement, Ramirent also sells its stock of larger tower cranes in Sweden to Skanska Maskin.

“We are very happy that Skanska Maskin has chosen to expand and prolong its agreement with Ramirent in Sweden. Our cooperation started in Sweden 2014 and has now further deepened. With this expanded agreement we can provide a higher level of service and meet our customers’ needs without having to compromise on neither quality nor safety,” says Magnus Rosén, President and CEO of Ramirent Group.

“With this cooperation we want to secure flexible access to equipment and increase efficiency in our construction projects,” says Henrik Johansson, Managing Director at Skanska Maskin AB.

In conjunction with expanding the rental cooperation agreement, Skanska Maskin has also acquired Ramirent’s stock of larger tower cranes in Sweden and will integrate the tower cranes into Skanska Maskin’s own fleet. The cranes will also be available for rent to Ramirent’s customers at market terms. The value of the sale of the larger tower cranes is not disclosed.

 

For further more information, contact:
Magnus Rosén, President and CEO, Ramirent Group, tel. +46 8 624 9503,

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Ramirent is a leading equipment rental group combining the best equipment, services and know-how into rental solutions that simplify customer’s business. Ramirent serves a broad range of customer sectors including construction, industry, services, the public sector and households. Ramirent has operations in the Nordic countries and in Central and Eastern Europe. In 2015, Ramirent Group sales totalled EUR 636 million. The Group has 2,654 employees in 288 customer centres in 10 countries. Ramirent is listed on the NASDAQ Helsinki (RMR1V). Ramirent – More than machines®.