Renta Group completed the acquisition of Tornby Byggmaskiner for €10.21m.

Renta Group, a company that provides modern construction machinery rental, completed the acquisition of Tornby Byggmaskiner, a provider of rental equipment intended for construction and industrial use, for €10.21m. “We are very pleased to welcome TBM into Renta. This acquisition is an excellent fit geographically that further strengthens our position in the Östergötland region and marks another step towards our ambition to build a nationwide rental network in Sweden. With TBM’s strong local reputation and capabilities, we see great opportunities ahead. We look forward to working together with the talented team at TBM,“ Joacim Johansson, Renta Group Managing Director.