Ramirent has expanded its safety solutions offering with the acquisition of a majority stake in Safety Solutions Jonsereds, a Sweden-based company specializing in developing and planning fall protection and safety systems for the construction industry.
Safety Solutions Jonsereds employs 16 people at three locations and has an office in Finland as well. The company is owned by Accent Equity 2008, a fund managed by investment advisor Accent Equity Partners AB. Ramirent will hold a 50.1-percent stake in SSJ, with the remaining 49.9 percent held by Accent Equity and the management of the company. Ramirent has an option to acquire the remaining stake during a seven-year period.
“We are happy to announce this deal that strengthens our capabilities with proven competences in the area of safety,” said Magnus Rosen, Ramirent CEO. “Safety Solutions Jonsereds has extensive and proven experience in developing fall-protection material and the methodology for planning and installing fall-protection solutions. A unique customer offering is created by combining Safety Solutions Jonsereds safety competence with Ramirent’s extensive customer center network.”
Ramirent, headquartered in Vantaa, near Helsinki, Finland has 304 customer centers in 10 countries in the Nordic countries and in Central and Eastern Europe.