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03.01.2006

Instant Holland takes Stammis

Instant Holland of Badhoevdorp near Amsterdam, has acquired Stammis BV of Heerhugowaard in northern Holland. The acquisition from Mrs Stammis takes the combined aerial lift fleet up to around 450 units. It also adds four new locations in the north of Holland. Heerhugowaard, Beverwijk, Schagen and Leiden.
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Stammis operates general and access rental from four locations in southern-North Holland


In addition Stammis has a strong general rental operation including tools, concrete products and other equipment. It is understood that the general rental business will continue to operate under the Stammis name as a separate entity, while the aerial lifts will operate under the Instant Holland name.
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Instant Holland operates from two locations in the Amsterdam area


The deal is understood to have been concluded in December and became effective December 2nd. At the time of publication this is all the information we have. We are awaiting an official release and will update this bulletin as soon as we have more information.


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