Renta Group buys Danish general renter
09 May 2023
Renta Group has completed the acquisition of A.L. DEL-PIN A/S, a Danish general rental company operating in the construction, industry and DIY sectors. No financial details have been disclosed.
Founded in 1984, Del-Pin is one of Denmark’s oldest rental compannies and has nine depots, more than 60 employees and annual revenues of almost DKK 100 million (€134,000).
According to Renta, the purchase “significantly strengthens” its presence in Denmark by growing its rental network from 6 to 15 depots and is an “excellent addition to Renta’s Danish operations with its complementary geographical presence, highly skilled staff, and strong profitability.”
Following the purchase, Renta says it will look to further expand the product offering of Del-Pin and implement digital solutions into the company.
Kari Aulasmaa, CEO of Renta Group, said, “We are excited to welcome the Del-Pin team into the Group. The Company has a long history of excellent customer service and profitable growth. The acquisition complements our geographic coverage and is a significant step towards establishing a nationwide network in Denmark. We look forward to working with the professionals of Del-Pin.”