RAMIRENT has been 100% owned by LOXAM since June 2019.

At what enterprise value was RAMIRENT acquired in 2019?

During the acquisition of RAMIRENT by LOXAM in 2019, the transaction's Enterprise Value is estimated to be in the range of 1b - 4b EUR.

What was the EV/EBITDA of RAMIRENT when it was acquired by LOXAM?

The estimated EV/EBITDA multiple for RAMIRENT is in the range of 5x - 12x.

When was RAMIRENT acquired by LOXAM?

RAMIRENT was acquired by LOXAM in 2019.

What was the revenue of RAMIRENT at the time of the deal?

The revenue of RAMIRENT at the time of the deal is estimated to be in the range of 450M - 900M EUR.

What was the EBITDA of RAMIRENT during the acquisition?

RAMIRENT's EBITDA is estimated to be in the range of 150M - 250M EUR.

How is the data for the RAMIRENT acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the RAMIRENT deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://capitalfinance.lesechos.fr/deals-m-a/large-cap/loxam-sapprete-a-debourser-970-m-pour-ramirent-1028046

What is the average EV/EBITDA multiple for the Business Services sector in 2026?

The average EV/EBITDA multiple for the Business Services sector in 2026 is 11.4x.

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Home Database Business ServicesRAMIRENT

06/2019

RAMIRENT acquired by LOXAM

FINLAND Industrial Services / Equipment Rental EV 1b - 4b EUR

Context

Loxam launched a friendly cash tender offer to acquire 100% of Ramirent. This acquisition was a strategic masterpiece for Loxam, balancing its geographical exposure (heavily French-centric at the time) by adding dominant positions in Finland, Sweden, Norway, Poland, and the Baltic states. The combined entity became the leading rental player in Europe with revenues exceeding EUR2.3 billion.

Previously, the company had pursued a consolidation strategy by acquiring Srv Kalusto (2018) and Stavdal (2019).

RAMIRENT, which reported an EBITDA margin of in 2018, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.4x).

-> Deep-dive in Business Services market trends

Target

Ramirent is a leading equipment rental group serving the construction, industrial, and public service sectors across the Nordic region and Eastern Europe. Headquartered in Finland, the company operates an extensive branch network across Finland, Sweden, Norway, Estonia, Latvia, and Lithuania. Its comprehensive business model covers everything from heavy machinery, scaffolding, and temporary site modules to specialized technical consulting, logistics, and on-site safety training.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year

Rev

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2018

2017

Other operations with RAMIRENT

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
04/2019	RAMIRENT	STAVDAL	SWEDEN	Equipment Rental
12/2018	RAMIRENT	SRV KALUSTO	FINLAND	Equipment Rental

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 450M - 900M EUR

EBITDA range: 150M - 250M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of RAMIRENT by LOXAM are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: ramirent

Acquirer: loxam