Ramirent AB, the Swedish wholly-owned subsidiary of multi-national rental company Ramirent Plc, last week acquired Stockholm, Sweden-based rental company Hyresmaskiner I Stockhold AB, which trades as Tidermans. The company’s annual volume is about €10 million, and with four facilities strengths Ramirent’s position in Stockholm and Uppsala, Sweden.
Tidermans primarily rents to contractors and industrial facilities and has a geographic presence that complements Ramirent’s existing network, Ramirent said.
“This acquisition brings us closer to our customers and is in line with Ramirent’s strategy of growing in select markets through a combination of organic growth and acquisitions of small and midsize operations,” said Ramirent managing director Mikael Oberg. Ramirent now has 53 branches in Sweden.
Ramirent, based in Helsinki, Finland, has about 300 rental centers in 12 countries in Central and Eastern Europe.
