Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Accent Equity divests Stål & Hyr Group to Renta
April 24, 2018

Accent Equity 2012 and minority shareholders have agreed to divest 100% of the shares in Stål & Hyr Group to Renta, a Finnish rental company established by Intera in 2016. Renta operates nationwide in Finland with more than 25 depots and EUR 45 million in revenue 2017. Stål & Hyr is a rental provider of machinery and equipment operating on the Swedish west coast and in north-western Skåne. The group is headquartered in Varberg and operates a network of 13 depots with a strong local presence under two separate brands; Stål & Hyrmaskiner and Dennis Maskinuthyrning. Accent Equity became the majority shareholder in March 2017, and since then the group has acquired Dennis Maskinuthyrning and Hyr-Service i Kungälv as well as established new depots in Ringön and Halmstad. In the same period, revenue and EBITDA have grown by more than 50%.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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