Ramirent signs big outsourcing deal in Denmark

Ramirent's Danish subsidiary has signed a five year rental agreement with E Pihl & Søn AS under which the contractor will outsource its light equipment and hoist operations to Ramirent.

Pihl is a family owned company with total revenues of €733 million, of which €333 million is generated in Denmark. The contract will generate annual sales of between €2 and €3 million for Ramirent Denmark.

The contractor is currently working in 16 countries with projects spanning large infrastructure projects to smaller building construction jobs.

Niels Erik Niebuhr, head of Pihl's plant department, said; "With this agreement we have extended our good co-operation with Ramirent. This solution adds efficiency and flexibility to our operation".

Erik Høi, managing director of Ramirent Denmark, said the agreement deepened its relationship with Pihl and strengthened its position in Denmark; "Letting customers outsource their machinery to us and focus on their own core processes, is an important part of our strategy in simplifying business for our customers".

Ramirent has annual sales of €43 million in Denmark in 2009 and has 20 branches in the country.