CRAMO GROUP HAS SIGNED AN AGREEMENT CONCERNING THE PURCHASE OF THE ASSETS OF A
FINNISH COMPANY OSKARIN VUOKRAKONE OY
Cramo Finland Oy, a fully owned subsidiary of Cramo Plc, and Oskarin
Vuokrakone
Oy have signed an agreement concerning the purchase of the assets
of the
company. The assets purchased include the rental fleet and
related customer
agreements.
Oskarin Vuokrakone began its activities in year
1981. The company has seven
employees, who shall continue to work for
Cramo Finland Oy. The company has
depots in Jämsä and Jyväskylä and a
dealer depot in Mänttä. The sales of the
company were approximately 0.8
million euros in 2006.
The asset purchase will
enhance Cramo's market position in Central Finland.
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 2,000, 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.
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