Cramo completed the acquisition of KraftX.

Cramo, a provider of machinary rental services, completed the acquisition of KraftX, a privately owned rental company in Sweden specializing in power plants and backup power for industry. Financial terms were not disclosed. “The acquisition aligns with our strategy, which involves expanding the business organically and through acquisitions. With the addition of KraftX, we have gained more than just new customer relations and equipment, but also valuable expertise in advanced power solutions. Our joint efforts will enable us to provide the market with an improved and more straightforward selection of products, knowledge, and sustainable productivity solutions. We warmly welcome all KraftX employees to Cramo and look forward to continuing our exciting journey of growth together,” Martin Holmgren, Cramo CEO.