Renta Group has acquired Containertech Rental AS to enhance its specialized infrastructure product offerings, particularly in water treatment solutions, thereby strengthening its market position in Norway's rental industry.

Target Information

Renta Group Oy (“Renta Group” or “Renta”) has acquired Containertech Rental AS (“Containertech Rental” or “the Company”), which forms a part of the rental business previously operated by Containertech AS. Containertech Rental specializes in providing container-based water treatment solutions that are particularly utilized in tunnel infrastructure projects throughout Norway. With an annual revenue of approximately NOK 26 million, the Company is well-positioned within its niche market.

This acquisition enables Renta to enhance its service offering by incorporating specialist water treatment solutions into its extensive portfolio. Containertech Rental boasts a robust profitability profile and a modern fleet comprising equipment from reputable OEMs, which aligns well with Renta's operational standards.

Industry Overview

The rental industry in Norway, especially within the infrastructure segment, has seen consistent growth over the years, driven by an increase in infrastructure projects and modernization efforts.