19/12/2018 | Financial & tax due diligence

Remirent Oyj / SRV Kalusto Oy

HomeCase StudiesRemirent Oyj / SRV Kalusto Oy

Alder & Sound was a provider of financial and tax due diligence for Ramirent Oyj in the acquisition of SRV Kalusto Oy. Ramirent Finland Ltd as part of the transaction signed a long-term co-operation agreement with SRV Group Plc. As part of the arrangement, Ramirent has acquired SRV Kalusto Oy’s entire share capital. SRV Kalusto has currently 33 employees and the debt free purchase price of the company is EUR 21 million.

SRV Kalusto has been acting as an internal equipment rental company in the SRV Group covering approximately one fourth of SRV’s equipment rentals and related services at the construction sites. The deal between Ramirent and SRV Group Plc covers significant share of SRV’s annual equipment rentals. In 2017, the net sales of SRV Kalusto Oy amounted to approximately EUR 8 million.

For more information: Ramirent acquires SRV Kalusto Oy and enters into a cooperation agreement with SRV Group Plc in Finland

A&S due diligence team involved:

Toni Turunen | Partner, Financial Advisory Services

Matti Kaloinen | Senior Associate, Financial Advisory Services

Antti Sauramo | Senior Associate, Financial Advisory Services

Tiina Piitulainen | Associate, Financial Advisory Services

Suvi Vänskä | Partner, Head of Tax Services

Henri Lyyski | Associate, Tax Services

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