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.
Machine rental company Ramirent acquires SRV Kalusto Oy
December 20, 2018

Ramirent Finland Ltd has today signed a long-term co-operation agreement with SRV Group Plc. As part of the arrangement, Ramirent has acquired SRV Kalusto Oy's entire share capital. SRV Kalusto has currently 33 employees and the purchase price of the company is EUR 21m corresponding to an EV/sales of 2.6x. SRV Kalusto has been acting as an internal fleet rental company in the SRV Group covering approximately one fourth of SRV's equipment rentals at construction sites.

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