Rental equipment

Deal value
DKK 234m

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Advised Ramirent Group in the sale of Ramirent Denmark to GSV Materieludlejning

Ramirent Denmark is a subsidiary of publicly traded Ramirent, one of the largest providers of rental equipment solutions in Europe. Ramirent Denmark offers rental equipment and services to a broad range of sectors including construction, industry, the public sector and households. The company has 130 employees serving more than 6,000 customers through its 7 branches in Denmark

GSV Materieludlejning is Denmark’s largest rental equipment provider with a revenue of EUR 115m in 2017. GSV has 392 employees across 16 different locations across Denmark. Today, the majority shareholder is the Danish private equity fund CataCap. The acquisition will strengthen GSV’s position and expand the number of offerings to its customers

The combined entities have a strong operational and strategic fit and the acquisition will broaden the assortment, increase market share and presence leading to a more diversified customer base. The combined business will generate annual revenue of more than DKK 1.1bn and have 520 employees


*Completed by the HCN Partners team when employed at Handelsbanken