16.06.2017

Cramo acquires in Denmark

Finnish international rental company Cramo is to acquire the assets of Danish cabin rental company Just Pavillon.

The acquisition includes the 360 cabins/temporary buildings in the rental fleet, customer contracts and other assets all of which will be absorbed into Cramo Denmark. Just Pavillon has revenues DK 27 million (€3.6 million). Its buildings are largely rented to schools and temporary office buildings.

Chief executive Leif Gustafsson said: “Acquiring Just Pavillon’s modular space business is an important step for our Modular Space business in Denmark. Just Pavillon has strong profitable growth and helps us gain a bigger market share in addition to our existing organic growth. The Modular Space division in Denmark has great potential due to a good market outlook in the long term.”