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New Deal


Announced

Completed

Boels Rental completed the acquisition of BAS Maskinutleie.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Norway

Cross Border

Equipment Rental

Completed

Construction machine rental

Private

Friendly

Majority

Single Bidder

Synopsis

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Boels Rental, a company in construction equipment rental and tool & machine hire, completed the acquisition of BAS Maskinutleie, a Norwegian rental company. Financial terms were not disclosed. “Both companies complement each other well. As part of Cramo, BAS Maskinutleie will benefit from the resilience and long-term growth strategy of its new owner,” Eirik Gjelsvik, Backe CEO.

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