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Published: 2007-03-13 16:15:00 CET
Cramo Oyj
Company Announcement
CRAMO EXPANDS IN SWEDEN THROUGH AN ACQUISITION
Cramo Sverige AB, the Swedish wholly-owned subsidiary of Cramo Plc, has
acquired
the entire share capital of Göby AB, a rental services company based
in         
Sundsvall in the north of Sweden.                                 
             

Göby is specialized in the rental of site huts, work platforms
and electricity  
equipment. The acquisition is part of Cramo's growth
strategy to further expand 
in these product areas and to strengthen its
market position in Sweden. Göby's  
about 500 site huts are well-maintained
and the company has a wide customer     
base. With a staff of 12, Göby
recorded sales of approximately 3,5 million euros
in 2006.                    
                                                   

- Göby's site huts are
most welcome to Cramo Sweden's rental fleet, as there is 
widely a shortage of
site huts in the Swedish market at the moment, says Magnus 
Rosén, Senior Vice
President of Scandinavia at Cramo.                           

Göby's two
rental depots in Sundsvall will be fully integrated into Cramo's    

operations under the Cramo brand.                                            
  


CRAMO PLC                                                              
        


Vesa Koivula                                                     
              
President and CEO                                              
                


Further information                                      
                      
Magnus Rosén, Senior Vice President, Scandinavia, tel.
+46 70 660 3686          


Distribution                                    
                               
Helsinki Stock Exchange                       
                                 
Major media                                 
                                   
www.cramo.fi                              
                                     


Cramo is a rental services company
specialising in equipment rental and         
rental-related services, as well
as the rental and sale of modular space. As one
of the industry's leading
service providers in the Nordic countries and Central 
and Eastern Europe,
Cramo operates in eleven countries with 250 depots. With a  
group staff of
over 1,800, Cramo's consolidated sales for 2006 totalled EUR 402 
million. The
parent company Cramo Plc is listed on the Helsinki Stock Exchange. 
For
further information, please visit www.cramo.fi.