# Ramirent to acquire Stavdal AB for EUR 158 million

Ramirent Plc signed an agreement to acquire Stavdal AB, a general equipment rental company in Sweden and Norway, for an enterprise value of approximately EUR 158 million. The transaction is expected to close by the end of Q3 2019.

- Type: Acquisition
- Announced: 2019-04-08
- Where: Sweden
- Value: $178.0M (158.0M EUR)
- Jobs: 280
- Status: announced
- Products: heavy and light machinery, lifts, modules, scaffolding, fall protection, power and heating equipment, hoists
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ramirent](https://endata.com/companies/36271.md) (acquirer)
- [Stavdal AB](https://endata.com/companies/38579.md) (target)

## Sources

- [ramirent.com](https://www.ramirent.com/stock-exchange-releases/ramirent-to-acquire-stavdal-ab-and-become-the-leading-company-in-swedish-equipment-rental-market/), 2019-04-08: "Stavdal has an impressive track record of performance and customer intimacy and we are privileged to be able to combine forces to form the market-leading player in Sweden"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.