Pekkaniska sells weather protection business to Ramirent

10 May 2011

Pekkaniska has sold Suomen Sääsuoja, its weather protection and scaffolding business, to Ramirent.

Pekkaniska has sold Suomen Sääsuoja, its weather protection and scaffolding business, to Ramirent.

Pekkaniska has sold its Finnish weather protection and scaffolding business to Ramirent. The management and staff of Suomen Sääsuoja Oy will transfer to Ramirent and the price has not been disclosed.

Suomen Sääsuoja was founded in 2005 and has two outlets in Tuusula and Pori. Its revenues in 2010 were €5.9 million. The acquisition will boost Ramirent's existing scaffolding business in Finland, Teline-Rami Oy.

"The decision of our parent company, Pekkaniska, to focus in the future on its personnel [lifting] and crane operations as well as Ramirent's strong desire to develop and invest in the growing weather protection market made the decision to sell an easy one", said Risto Toivonen, Suomen Sääsuoja Oy's managing director.

"In addition, from now on our customers will get even better service and a more extensive service range than before."

Mika Eskola, Teline-Rami Oy's managing director, said the acquisition would strengthen its position in the growing weather protection market and add to Ramirent's offering; "For our customers this means safer activities all-year around regardless of weather conditions."

Janne Niska, chairman of the board at Pekkaniska, said the company would focus on further developing its core its core market, which is cranes and aerial platforms.

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