4.12.2023

Ramirent and Cramo – Sale of Fortrent Russia

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Private M&A

We advised Ramirent Ltd and Cramo Ltd in the sale of the entire share capital of OOO Fortrent to a private investor. OOO Fortrent was previously owned by Fortrent Oy, which is a joint venture of Ramirent and Cramo.

OOO Fortrent has been engaged in machine rental operations in Russia since 2013. The company has 18 locations, and its turnover in 2022 was approximately 2.2 billion roubles.

Ramirent Ltd, founded in 1994, is a leading service company offering equipment rental for construction and many other industries with a wide range of high-quality rental equipment.

Cramo Ltd, founded in 1954, is a full-service construction equipment rental company that also offers construction, renovation and maintenance support services.

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