Responsive Image Banner

Renta Group acquires Gustafssons Uthyrning

Premium Content
Renta Group logo Photo: Renta Group

Renta Group is to acquire rental company Gustafssons Uthyrning, further adding to its coverage in Sweden. No purchase price has been disclosed.

A general renter, Gustafssons Uthyrning has three depots in Oskarshamn, Västervik and Vimmerby, employing 19 people and generating revenues of SEK 45 million (€3.8 million).

Renta said the purchase is “perfectly aligned” with its strategy to strengthen its position in the eastern part of Sweden and marks “another strategic step in building a nationwide network.”

Following the transaction, which is expected to close in October, Renta said it will have more than 60 depots across Sweden, while Gustafssons will benefit from Renta’s full product range and implementing its cutting edge digital solutions to enhance their services.

Kari Aulasmaa, CEO of Renta Group, said, “We are delighted to welcome the Gustafssons team into the Group and look forward to working with them.

“The acquisition of Gustafssons strengthens our position in eastern parts of the country and is a logical step towards our ambition to build a nationwide rental network in Sweden. We are very pleased to join forces with Gustafssons and look forward to the journey ahead. “

Tomas Gutekrans, CEO of Gustafsson, said the company is “excited about the possibility to join Renta”, adding that the acquisition will “ensure continued high-quality services for our customers, provide a good home for our employees and enable us to take on larger projects and challenges.”

STAY CONNECTED


Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

Latest News
Bomag joins UN Global Compact, pledges sustainability commitment
Bomag commits to human rights, environmental protection, and ethical business
Selwood owner Workdry buys again in US
Acquires another Florida-based dewatering firm
Big dealer rental software acquisition in USA
Integrated Rental acquired by specialist in dealership software
CONNECT WITH THE TEAM
Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
Lucy Barnard Editor, Rental Briefing Tel: +44 (0)1892 786 241 E-mail: [email protected]
Ollie Hodges Vice President, Sales Tel: +44 (0)1892 786253 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA
International Rental News newsletter

Rental Intelligence — When You Need It, How You Need It

Stay ahead with industry trends, expert insights and global news — in your inbox.

Sign me up