IK Partners-backed Renta Group completed the acquisition of Lars & Erik Maskin.

IK Partners-backed Renta Group, a construction equipment rental company, completed the acquisition of Lars & Erik Maskin, an equipment rental company. Financial terms were not disclosed. “The acquisition extends our presence to the attractive northern region and furthers our ambition to build a nationwide network in Sweden. We are pleased to join forces with a profitable and growing company that shares our aspiration to provide excellent customer service locally. We are very happy to welcome the talented people of L&E Maskin to Renta," Kari Aulasmaa, Renta Group CEO.