English Finnish
Published: 2007-05-02 15:00:08 CEST
Cramo Oyj
Company Announcement
CRAMO GROUP HAS SIGNED AN AGREEMENT CONCERNING THE PURCHASE OF THE ASSETS OF A FINNISH COMPANY JM-ALLTRANS OY
Cramo Finland Oy, a fully owned subsidiary of Cramo Plc, and JM-Alltrans Oy
have
signed an agreement concerning the transfer of the assets of the company.
The   
assets purchased include the rental fleet and the related customer
agreements.  

JM-Alltrans began its activities in the year 1993 and is
mainly concentrating in
the rental of the compact construction machinery. The
company is domiciled in   
one depot in Kirkkonummi, Finland. The company has
three employees, who shall   
continue to work for Cramo Finland Oy.          
                               

This asset transfer will enhance Cramo's
market position in the compact         
construction machinery rental market
and will strengthen its profitable growth. 

The parties to the acquisition
have decided not to publish the purchase price.  


CRAMO PLC               
                                                       

Vesa Koivula        
                                                           
President and CEO 
                                                             


Further
information                                                             
Tatu
Hauhio, Senior Vice President, Finland, tel. +358 40 570 1344             



Distribution                                                             
      
Helsinki Stock Exchange                                                
        
Major media                                                          
          
www.cramo.com                                                      
            


Cramo Plc is a service company specialising in construction
machinery and       
equipment rental and rental-related services, as well as
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 ten countries with  
250 outlets. With a group staff of
approximately 1,800, Cramo's consolidated    
sales for 2006 totalled EUR 402
million. Cramo is listed on the Helsinki Stock  
Exchange. For further
information, please visit www.cramo.com.