# Loxam launches EUR 970M tender offer for Ramirent

Loxam S.A.S. announced a recommended public cash tender offer to acquire all shares of Ramirent Plc for EUR 9.00 per share, valuing Ramirent's equity at approximately EUR 970 million. The deal creates a pan-European equipment rental leader.

- Type: Acquisition
- Announced: 2019-06-10
- Where: Finland
- Value: $1.09B (970.0M EUR)
- Status: announced
- Products: equipment rental services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Loxam](https://endata.com/companies/22331.md) (acquirer)
- [Ramirent](https://endata.com/companies/36271.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2019/06/10/1866114/0/en/Loxam-S-A-S-Announces-a-Recommended-Public-Cash-Tender-Offer-for-All-Shares-of-Ramirent-Plc.html), 2019-06-10: "Through the transaction, Loxam and Ramirent will create a pan-European equipment rental leader."
- [loxam.com](https://loxam.com/en/loxam-sas-annonce-le-succes-de-son-offre-publique-dachat-sur-ramirent/), 2019-07-24: "Loxam is pleased to announce that it will complete its tender offer on Ramirent."

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