27.08.2008

Cramo adds in Denmark

Finnish based rental company Cramo has acquired the rental equipment owned by construction company MSE A/S of Falster, Denmark and signed a five year supply deal for all of MSE’s rental equipment.

Most of the equipment acquired is earthmoving- largely excavators, cabins and tools, the impact of the deal on Cramo's revenues will be around DK4.5 million (€600,000) in the first year.

Ole Wamsler, managing director of Cramo Denmark said: "The outsourcing deal is important as it gives us a strong foothold in the region with a leading position in Lolland/Falster. It gives us an immediate access to larger volumes with a strong customer we know well. Furthermore, it also gives us a well-maintained rental fleet, consisting primarily of construction machinery and site huts."

Jan Sørensen, managing director of MSE added: "By outsourcing the equipment to Cramo we expect to lower our cost for machinery and equipment, and at the same time, gain access to Cramo's wider product range. Through Cramo's depot network we will also get better availability and efficiency in the supply of equipment to support the continued growth of our core construction business."

MSE was founded in 1934 by Mikael Sørensen and covers part of South Zealand.