PRESS RELEASE 10 March 2014 at 10:00 am
Vantaa, Finland, 2014-03-10 09:00 CET (GLOBE NEWSWIRE) —
Ramirent has signed an agreement to acquire the telehandler business of Kurko-Koponen Companies, a leading telehandler equipment rental provider in Finland. In addition, Ramirent has signed a co-operation agreement with Kurko-Koponen for telehandler operator services. With this acquisition and co-operation agreement, Ramirent will have the widest telehandler service offering on the Finnish market.
The annual rental volume of the acquired telehandler business is approximately EUR 6 million and according to the agreement 7 persons working with telehandlers will move to Ramirent.
Telehandlers are typically one of the first products needed on construction sites and the market for telehandlers is growing in Finland. Kurko-Koponen has been providing telehandler services since 2010 to customers operating in building construction, infrastructure construction and in various other industrial sectors.
”The acquisition complements our comprehensive equipment and service offering, enabling us to offer a wide selection of telehandlers combined with professional operator services. The acquisition also brings us new inroads to customer sectors such as construction, industrial maintenance, mining and bridge construction,” says Anna Hyvönen, EVP Finland & Baltic.
”At Kurko-Koponen we have the best telehandler operators in the market. Co-operating with Ramirent gives us the chance to develop further our operator services in Finland”, says Juha Koponen, Chairman of the Board, Kurko-Koponen.
For further information:
Magnus Rosén, President and CEO, Ramirent Group, Tel. +358 20 750 2845
Anna Hyvönen, EVP, Ramirent Finland & Baltic, Tel.+358 20 750 200
Juha Koponen, Chairman of the board, Kurko-Koponen, Tel. +358 400 671827
Ramirent is More Than Machines. We are a leading rental equipment group combining the best equipment, services and know-how into rental solutions that simplify customer business. We serve a broad range of customers, including construction and process industries, services, the public sector and households. In 2013, the Group’s net sales totalled EUR 647 million. The Group has 2,600 employees at 304 customer centres in 10 countries in the Nordic countries and in Central and Eastern Europe. Ramirent is listed on the NASDAQ OMX Helsinki Ltd.
Kurko-Koponen Companies offers rental of industrial and installation cranes as well as operator services in Finland through four different companies (Kurko-Koponen Oy, Kurko-Koponen Etelä-Suomi Oy, KK Steel Hook Oy, Warkauden Viisastenkivi Oy).