Cramo acquires Hyresbutiken AB in Skellefteå in northern Sweden, a local rental company with strong roots and a history of continuous and profitable growth. Cramo’s presence in the region is longstanding and stable with the offering of machines, equipment and rental-related services to small and large customers and has, among other things, a partnership with the large battery factory Northvolt. With the acquisition Cramo now strengthens its market position and the local presence in the region.
“The acquisition of Hyresbutiken is in line with Boels Rental’s growth strategy with the aim to expand, not only organically, but through acquisitions like this one. This will further strengthen our market position in an area of Sweden which currently is in a very expansive phase. Together we will lay the foundation for a joint success story where our combined experiences, competences, working methods and similar cultures will continue to develop to the benefit of our customers”, says Martin Holmgren, CEO Cramo.
“We have developed a close collaboration with Cramo for several years, so this feels like a natural step in the development. Cramo has experience and the same view as us on what is important i.e. customer satisfaction. Our joint work in planning for the acquisition has convinced me that Cramo and Hyresbutiken are a really good match – together we will be incredibly strong, and our customers will benefit from it,” says Martin Lundmark, Owner Hyresbutiken AB.