Clearwater International advises Accent Equity on the sale of Stål&Hyr to Rent Group
Clearwater International has advised Accent Equity on its sale of Stål&Hyr, a provider of rental machinery and other equipment to Renta Group, a full-service construction machinery and equipment rental company.
Stål & Hyr, founded in 1979, has a wide product and service offering comprising equipment mainly targeted the construction industry including various kinds of tools, small and medium-sized construction machinery, lifts, electrical equipment, scaffolding, weather protection materials and sheds for construction sites. Stål & Hyr has, together with its subsidiary Dennis Maskinuthyrning, a total of 13 rental depots along the west coast of Sweden.
Together, Finnish Renta Group and Stål & Hyr Group will have a turnover of more than €76,8m (SKr 800m) and more than 300 employees in Finland and Sweden.