# Ramirent completes acquisition of Stavdal for EUR 86M

Ramirent Plc has completed the acquisition of all shares in Stavdal AB for approximately EUR 86 million in cash and shares, plus consolidation of EUR 40 million in bank financing. The acquisition adds 280 rental professionals and customer centers in Sweden and Norway.

- Type: Acquisition
- Announced: 2019-07-01
- Where: Sweden and Oslo area, Norway, Sweden
- Value: $97.0M (86.0M EUR)
- Jobs: 280
- Status: completed
- Products: equipment rental services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.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-completes-the-stavdal-acquisition-new-shares-issued-to-complete-the-transaction-have-been-registered/), 2019-07-01: "Ramirent has today completed the acquisition of all the shares in Stavdal AB"

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