Announced
Completed
Financials
Tags
Acquisition
Completed
Private Equity
Environmental / Waste Management
pumping services
Latvia
Cross Border
Majority
Private
Friendly
Single Bidder
Synopsis
Renta Group, a Finnish construction-machinery and equipment-rental company, completed the acquisition of Uprent, a company in specialised pumping in the Baltics and Poland, providing dewatering and bypass solutions for construction, water management and manufacturing companies, from BaltCap, a private equity and venture capital investor. Financial terms were not disclosed. “We consider specialised pumping a highly attractive niche rental segment, where Uprent is the clear market leader in the Baltics and Poland. We are very delighted to join forces with this high-quality company where we see a talented team and significant further growth potential,” Kari Aulasmaa, Renta Group CEO.
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