30.10.2003

RK of Finland buys SVP to become country's largest rental company.

Rakentajain Konevuokraamo oyj (RK), the second biggest rental company in Finland, has bought 100 per cent of Suomen Projektivuokraus (SPV) capital stock to create Finland’s largest rental company as measured by turnover.

RK are currently celebrating their 50th anniversary and it is understood that Tatu Hauhio, the son of Kari Hauhio, a previous owner of SPV, will head up the new SPV division of RK.

The deal comes at a time when Reijo Saarenoja, managing director of the RK Group, is due to retire. The managing director designate is Mr. Vesa Koivula.

Both RK and SVP run large access fleets, including scaffold, self-propelled, truck and trailer lifts and significant mast climber fleets.
RK has 62 outlets in Finland while SVP has six. both companies also carry a wide range of products, including small tools and cabins.