Photo: Rental Group
Renta Group has acquired Denmark-based general rental operator Jelle-Bo. Financial details of the transaction were not disclosed.
The Svendborg-based company has nine employees and generates revenues of 2.6 million euros.
Renta described Jelle-Bo ApS as a “great addition” to its footprint in Denmark and said the acquisition will expand its network of rental warehouses in Denmark and further strengthen its presence on the island of Finn. .
Renta added that the acquisition of Jelle-Bo “lays a solid foundation for continued growth in the region.”
Kari Aulasmaa, CEO of Renta Group, said: This acquisition complements our geographic reach and is a natural continuation of our strategy to build a national rental network in our core markets. We warmly welcome Jelle-Bo’s seasoned professionals to join his Renta. ”
Hans Ove Jelle, CEO and founder of Jelle-Bo, said the company is excited to join Renta. “As part of Renta, our goal is to continue to provide excellent customer service to our customers. Renta is a great partner to continue developing sustainability and digital solutions in our business. Renta I look forward to working with the team.”
Lars Raagaard, Renta’s managing director, said Jelle-Bo is a “well-run company” that strengthens the company’s position in the market.