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Another Swedish acquisition for Ramirent

Ramirent has acquired the Swedish rental company TLM -Tannefors Lift- och Maskinuthyrning –and its three locations Linköping, Norrköping and Motala in the Östergötland region of central Sweden.

TLM has annual revenues of around €8.8 million through its four subsidiaries – TLM i Linköping, TLM i Norrköping, TLM i Motala and TLM Ställningar (TLM Scaffolding).

Founded in Linköping in 1977, TLM started out with scissor lifts and scaffold towers and has always specialised in the access market, including aerial lifts and scaffolding, but also offers cabins and light equipment. It currently employs 35 staff, all of whom will remain with the business as part of Ramirent.

The company’s fleet includes a wide range of access products with scissor lifts form Skyjack, Genie and UpRight, booms from JLG, Niftylift and Manitou among others, trailer and spider lifts from Dinolift, Denka, Omme and Falck Schmidt and spider cranes from Maeda.
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The TLM logo

Rami chief executive Magnus Rosén said: “The acquisition is in line with the group strategy of strengthening our geographical footprint and complementing our offering to further diversify our customer base. TLM will strengthen Ramirent’s position in the local market among small and medium-sized construction companies through a good light equipment business, a modern lift fleet as well as a strong scaffolding business,”

Peter Dahlsten, senior vice president Ramirent Sweden added: ”It is a strategic goal of Ramirent Sweden to expand our scaffolding and light machinery business and to this end TLM is a very good fit for us. With the acquisition, Ramirent further strengthens its presence in Linköping and Norrköping, and expands its outlet network to Motala.”

Bengt-Åke Nilsson, one of the owners of TLM said: “By partnering with Ramirent, we will provide even greater value to our customers through a more comprehensive offering of dynamic rental solutions and Ramirent’s one-stop-shop concept.”