Renta Group Oy Acquires Lohke Materieludlejning A/S
June 9, 2022
Renta Group Oy has acquired Danish machinery- and equipment-rental company Lohke Materieludlejning A/S, strengthening Renta's presence in Denmark and making it the fourth largest general rental company in the market. Lohke operates five depots, employs more than 90 people and generates roughly DKK 200 million in annual revenue; it will continue operating locally while adopting Renta's digital solutions.
- Buyers
- Renta Group Oy
- Targets
- Lohke Materieludlejning A/S
- Platforms
- Renta Group Oy
- Industry
- Industrial Services
- Location
- Denmark
- Transaction Type
- Addon
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Renta Group Acquires Høyde-Service Utleie AS
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IK Partners Acquires Renta Group Oy
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IK Partners’ IK IX Fund has signed an agreement to acquire Renta Group Oy from Intera Partners, with management and employees reinvesting; financial terms were not disclosed. Renta is a full-service construction and equipment rental provider operating 103 depots across the Nordics and Poland with more than 1,000 employees and ~€300m in revenues; IK will support geographic expansion into continental Europe, further add-ons and digital platform roll-out.
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