Renta Group Acquires Ohiko Oy

Renta Group Acquires Pohjanväre (Espoon Nosturikeskus, Espoon Rakennuskonevuokraamo and Lohjan Nosturipalvelu assets)

April 25, 2023

Industrial Services

Renta Group Oy has acquired Espoon Nosturikeskus Oy (Pohjanväre), Espoon Rakennuskonevuokraamo Oy and the operative assets of Lohjan Nosturipalvelu Oy. The acquisition expands Renta's presence in the Helsinki capital region and southern Finland, adding 3 depots, more than 10 employees and approximately EUR 5 million in annual revenue to Renta's rental platform.

IK Partners Acquires Renta Group Oy

November 30, 2021

Industrial Services

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.

Renta Group Oy Acquires Lohke Materieludlejning A/S

June 9, 2022

Industrial Services

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.

Renta Group Acquires YIT Kalusto Oy from YIT Corporation

January 9, 2024

Industrial Services

Renta Group has agreed to acquire the entire share capital of YIT Kalusto Oy from YIT Corporation for an enterprise value of EUR 37 million and will sign a long-term equipment supply and services cooperation agreement with YIT in Finland. The deal (conditional on Finnish Competition and Consumer Authority approval) includes purchase of the Urjala property used by Kalusto Oy and the transfer of 67 employees to Renta; completion was estimated by 30 June 2024.

Renta Group Acquires SIA Uprent Group

June 2, 2022

Industrial Services

Renta Group Oy has agreed to acquire SIA Uprent Group, a Latvia-headquartered specialist pumping and dewatering rental company operating 13 depots across Latvia, Lithuania, Estonia and Poland. Uprent has more than 100 employees and ~EUR 11 million in annual revenues; Renta said the acquisition expands its specialised pumping capability and strengthens its presence in Poland and the Baltics as part of its Northern Europe expansion strategy.

Renta Group Oy Acquires Utleiesenteret

March 1, 2022

Construction

Finnish rental operator Renta Group Oy has acquired Utleiesenteret, one of the largest machinery and equipment rental companies in Eastern Norway. The deal expands Renta's presence in Norway — adding over 80 employees and four depots — as the company pursues a broader Nordic platform and increased regional turnover.