Cramo, a provider of machinary rental services, agreed to acquire Hyresbutiken, a provider of rental and leasing of construction and civil engineering machinery. Financial terms were not disclosed. “The acquisition of Hyresbutiken is in line with Boels Rental’s growth strategy with the aim to expand, not only organically, but through acquisitions like this one. This will further strengthen our market position in an area of Sweden which currently is in a very expansive phase. Together we will lay the foundation for a joint success story where our combined experiences, competences, working methods and similar cultures will continue to develop to the benefit of our customers,” Martin Holmgren, Cramo CEO.