PRESS RELEASE 7 June 2012
Vantaa, Finland, 2012-06-07 14:46 CEST (GLOBE NEWSWIRE) —
Ramirent AS has signed a nationwide cooperation agreement with Consto AS in Norway. It is a three-year equipment rental agreement with an option to extend it for the following three years. As part of the agreement Consto outsources its equipment and machines to Ramirent.
Consto was founded in Tromsø in 2006 and operates today in Oslo, Tromsø, Kirkenes, Narvik, Bodø as well as Ålesund.
“The strategy of Consto is to rent equipment rather than own it, but as a consequence of an earlier purchase the company owns equipment and machinery in Bodø”, says Jarl Johansen at Consto. Therefore as part of the agreement with Ramirent, Consto outsources its equipment and machines to Ramirent. “We have good experience of working together with Ramirent and see it as a natural next step to sign this cooperation agreement with Ramirent.”
“Consto is a modern professional building contractor and we are very happy to further develop our close relationship with them”, says Trond Thormodsrud, Ramirent’s Director for region North and West in Norway.
Bjørn Larsen, Managing Director of Ramirent AS said that the acquisition of customers’ equipment and machine fleets is part of Ramirent’s strategy to grow and add value to the customer’s business;”By outsourcing their machines to Ramirent customers can release tied-up capital and increase efficiency by using Ramirent’s wide range of rental equipment and related services for their projects.”
The cooperation agreement between Consto and Ramirent is effective as of 1 June 2012.
For further information
Trond Thormodsrud, Director region North/ West, Ramirent AS, tel. +47 90 055 337
Ramirent AS is the leading equipment rental company in Norway with annual revenue of EUR 145 million in 2011 and operating nationwide through 43 outlets.
Ramirent is a leading equipment rental group delivering Dynamic Rental Solutions™ that simplify business. We serve a broad range of customers, including construction and process industries, shipyards, the public sector and households. In 2011, Group net sales totalled EUR 650 million. The Group has some 3,200 employees at some 406 permanent outlets in thirteen countries. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.
DISTRIBUTION
NASDAQ OMX Helsinki, main news media, www.ramirent.com
