Renta Group – a new Finnish machinery rental company
Renta’s development and growth is supported by many individuals with long experience in the industry and a private equity investor with significant experience from the construction sector.
Renta Group offers a wide range of construction machinery and equipment rental services. The company serves both corporate and retail customers through its local sites. Through acquisitions, the company already has a strong foothold in scaffolding, weather protection and construction site hut rental markets in the metropolitan area. Going forward, the target is to expand operations in other regions in Finland and to create a nationwide presence.
Renta benefits from strong industry knowledge and experience. CEO Kari Aulasmaa did a long career at Ramirent Group before his latest position as CEO of Inspecta Group. The company’s Board of Directors includes internationally recognized pioneers of equipment rental services, Erkki Norvio and Kari Kallio, both former CEOs of Ramirent Group. Board member Juhani Kattilakoski is one of the leading experts within scaffolding and weather protection.
“We believe that there will be demand for an entrepreneurial and innovative rental services provider with strong local presence. The aim is to create a new and interesting alternative for our customers. We look forward to developing the new company together with our customers”, says Kari Aulasmaa.
A Finnish private equity firm Intera Partners is the majority owner and provider of growth financing. Intera has a considerable experience in growth and market consolidation in the construction sector through, for example, Consti, Kreate, Rototec, Normek and Delete. The foundation for the new company has been established through acquisitions of Telinekymppi (leading scaffolding and weather protection services provider in the metropolitan area) and Jasoca (construction site hut rental services). Acquisition of Kehä-Kone provided Renta with concept and processes that can be applied to new sites opened across Finland. The owners and professional staff of all acquired companies will remain active at Renta.
Renta Group aims at substantial growth of its activities already during the first year of operation. It has plans to open approximately 12 new sites in Finland. Similar pace of growth is expected to continue in the following years.
Renta Group’s sites combine a modern equipment fleet and know-how of the best professionals. Operating model is based on services close to customers and nationwide presence.
“Our goal is to take advantage of new technologies. Furthermore, we also want to meet our customers face- to-face at our sites and construction sites all over Finland”, says Kari Aulasmaa.