RENTA GROUP GÅR SAMMAN MED SIA UPRENT GROUP
Renta Group Oy förvärvar SIA Uprent Group, ett ledande pumpföretag som tillhandahåller avvattning och bypasslösningar. Företaget har 13 depåer i Lettland, Litauen, Estland och Polen. Uprent har mer än 100 anställda och omsätter cirka 11 MEUR.
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Renta Group Oy (“Renta Group” or “Renta”) has reached an agreement to acquire SIA Uprent Group (“Uprent” or “the Company”), a leading specialised pumping company providing dewatering and bypass solutions in the Baltics and Poland. The Company has 13 depots across Latvia, Lithuania, Estonia and Poland. Headquartered in Latvia, Uprent has more than 100 employees and annual revenues of approximately EUR 11 million.
The acquisition marks a continuation in Renta’s strategy to be a leading equipment rental company in Northern Europe. Renta will enter specialised pumping, which is an attractive and sizeable rental niche, especially in Poland and the Baltics, where pumping is typically required on construction sites due to wet soil conditions. Geographically, Renta will strengthen its position in Poland and gain entry to the Baltics, further broadening its presence in Northern Europe.
Uprent is an excellent fit with Renta as it is a professionally managed, high-quality company, with strong profitability and leading market positions. Similar to Renta, the Company has a lean structure and country-driven organisation. Uprent will continue to operate and provide services with the same well-functioning local business model as before. Renta sees significant potential in growing the business in Uprent’s current markets and further scaling operations by expanding specialised pumping into the Nordics, benefitting from Renta’s existing presence.
Kari Aulasmaa, CEO of Renta Group, said:
“We consider specialised pumping a highly attractive niche rental segment, where Uprent is the clear market leader in the Baltics and Poland. We are very delighted to join forces with this high-quality company where we see a talented team and significant further growth potential.”
Martins Egle, CEO at Uprent, said:
”We are genuinely glad to become a part of Renta Group, which adheres to highest operational standards and has ambitious future plans. We consider this transaction as a high evaluation of our success until today. Being aligned with Renta Group in the future provides us with excellent opportunities to expand geographically and to further develop our product range, technical capabilities and professional expertise.”
ABOUT UPRENT
Uprent, is a leader in specialised pumping in the Baltics and Poland, providing dewatering and bypass solutions for construction, water management and manufacturing companies. In addition, the Company provides dredging and trench shoring solutions. Uprent is headquartered in Latvia, with operations in Latvia, Lithuania, Estonia and Poland. The Company has 13 depots and more than 100 employees. For more information, visit www.uprent.eu/en/home/
FOR MORE INFORMATION, PLEASE CONTACT:
Kari Aulasmaa, CEO Renta Group Oy
+358 40 511 6445
kari.aulasmaa@renta.com
Joacim Johansson, Vd
070 104 07 00
joacim.johansson@renta.se
Vi finns för hela Sverige. Från norr till söder, öst till väst. För vi bryr oss om ditt bygge. Som maskinuthyrare till främst bygg- och anläggningsbranschen erbjuder vi ett brett utbud av produkter och tjänster, bland annat verktyg av olika slag, små och medelstora anläggningsmaskiner, liftar, el- och energiutrustning, ställningar och väderskydd samt bodar för byggarbetsplatser. Vi är 650 anställda som vet att frihet skapar engagemang, och det är det som förenar oss. Idag har vi 48 depåer runt om i Sverige och vi fortsätter växa eftersom vi fortsätter investera i nya depåer och utrustning av högsta kvalitet. Men framför allt för att vi bryr oss om det lokala närområdet, om varandra och våra kunder. Vi kallar det sunt Rentaförnuft.
