Renta Acquires Nordjysk Lift

Renta Group Oy (“Renta Group” or “Renta”) has reached an agreement to acquire Nordjysk Lift ApS (“Nordjysk” or “the Company”). Nordjysk is a Danish general rental company operating throughout Denmark with a focus on Northern Jutland. Headquartered in Hjørring, Nordjysk operates 11 depots and employs more than 100 employees.

With the acquisition, Renta expands its network from 16 to 27 depots in Denmark, becoming a truly nationwide rental provider. The acquisition gives Renta access to Northern Jutland and broadens its offering in Denmark by adding site modules to the product portfolio. Nordjysk is an excellent strategic fit due to its complementary geographical presence, strong local business model, skilled workforce and solid profitability. As part of Renta, Nordjysk will benefit from implementing Renta’s digital solutions.

The acquisition is subject to approval by the Danish Competition and Consumer Authority, with closing expected shortly after clearance.

Lars Raagaard, Managing Director at Renta Denmark, said: “We are very pleased to welcome Nordjysk Lift and its talented team to Renta. Over the years, the company has built a strong position in its region, supported by high operational standards and close customer relationships. The acquisition is a great strategic fit for Renta and expands our presence in the Danish market. We look forward to working together with the Nordjysk Lift team and building on the strong foundation already in place. “

Enquiries: ir@renta.com