Renta acquires Utleiesenteret

PROJECTMANAGER

Morten Rye Pedersen

MANDATE

Buy-side

INDUSTRY

Construction

Rental

This Nordic group will after the acquisition have 350 employees and 19 locations in Norway.

PROJECTMANAGER

Morten Rye Pedersen

MANDATE

Buy-side

INDUSTRY

Construction

Rental

Renta Group acquires Utleiesenteret, with is one of Eastern Norway’s largest providers of machinery and equipment rental to the building and construction industry.

Utleiesenteret has bases in Drammen, Oslo, Kongsberg and Gardermoen, with a turnover of about NOK 300 million and about 80 employees. The company is one of the industry leaders in Eastern Norway.

Renta has operations in Finland, Sweden, Denmark, Poland and Norway, with a turnover of EUR 280 million and about 1,000 employees. The company is expanding rapidly in Norway. Strong positions in Western and Northern Norway were established through acquisitions in 2018 and 2021. The acquisition of Utleiesenteret brings Renta close to covering the entire Norwegian market.

Utleiesenteret now joining Renta will pave the way for further growth in both existing and new markets. Customers will be better served in terms of both product range and geographical coverage. Access to the very best technological and digital solutions has been assured, and the high service level and strong local connection will be maintained.

All Utleiesenteret employees and managers will stay on. The company’s bases will be maintained.

Facts:

Renta Group:

Headquartered in Helsinki, established in 2016
Owned by the Swedish private equity firm IK Partners
Operations in Finland, Sweden, Denmark, Poland and Norway
About 100 bases
1,000 employees, turnover of EUR 300 million in 2021

Renta in Norway:

Acquired Flexleie, Bergen, in 2018 and Byggesystemer in Northern Norway in 2021
Bases in Bergen, Os, Stavanger, Stord, Oslo, Romerike, Alta, Tromsø, Finnsnes, Harstad, Sortland, Svolvær, Narvik, Bodø and Mo i Rana.
220 employees, turnover of NOK 500 million in 2021