Partial demerger

Partial demerger was completed on 30 June 2019

The Extraordinary General Meeting of Cramo Plc (Cramo) decided on 17 June 2019, that Cramo will demerge through a partial demerger so that all the assets, debts and liabilities belonging to Cramo’s Modular Space business were transferred without a liquidation procedure to Adapteo Plc, a company incorporated in the demerger. Cramo’s Equipment Rental business, which mainly consists of construction machinery and equipment rentals and rental-related services, remains in Cramo. Upon the completion of the demerger, Cramo’s shareholders received as demerger consideration one (1) Adapteo share for each Cramo share that they held.

The completion of the demerger was registered with the Finnish Trade Register and took effect on 30 June 2019. Trading in Adapteo shares on Nasdaq Stockholm started on 1 July 2019.

Cramo’s new strategy and financial targets for the Equipment Rental business were presented at the Capital Markets Day, which was held in Stockholm on 12 September 2019. Read more here.

Welcome to Cramo Investor pages

Cramo is a service company specialising in equipment rental services. Our equipment rental services comprise machinery and equipment rental as well as rental-related services.

As one of the industry’s leading service providers in Europe, Cramo operates in Finland, Sweden, Norway, Estonia, Lithuania, Poland, Germany, Austria, Hungary, the Czech Republic and Slovakia. In Russia and Ukraine we operate under the brand of the 50 percent owned joint venture Fortrent.

Cramo provides modern rental solutions through the Cramo Concept. Under the Cramo Concept, construction companies and customers in trade, industry and the public sector, as well as private customers, are provided with machinery and equipment through different rental solutions and services.

By combining the product portfolio with its extensive offering of services, Cramo reduces the capital invested by its customers and can create total rental solutions for every need for both the short and long term.

Through a network of about 300 depots, with a total number of rental items over 230,000, Cramo’s 2,600 employees serve over 150,000 customers in eleven countries.