Change in Cramo Group management team

Cramo Plc Stock Exchange Release 3 September, 2018 at 9.00 am (EET)

Change in Cramo Group management team

Mr Mika Kouhi has been appointed Senior Vice President, M&A and Corporate Development and member of Cramo Group management team. He will assume his position immediately and will report to Mr Leif Gustafsson, President and CEO.

Since joining Cramo in 2013, Mr Kouhi has been working in development and turnaround of Cramo’s Central European business as well as heading the Central European finance department in 2015-2016. He was appointed Director, Business Development at Cramo Group in January 2016. Since December 2016 Mr Kouhi has been heading M&A and Corporate Development function within Cramo Group.

Prior to joining Cramo, Mr Kouhi held managerial positions of increasing responsibility in the fields of finance and corporate development in listed biopharmaceutical companies in Germany and the US. He holds M.Sc. (Econ) from University of Vaasa, Finland.

“I am very pleased to welcome Mika Kouhi into the Group management team. Mika has a solid background in corporate finance and possesses hands-on experience in rental industry. He is a proven leader, who has played a vital role in strategy execution through M&A activity during the last year and a half. Mika is an important player in our Shape and Share growth strategy where merger and acquisitions will continue to play a central part. I believe that Mika has the right competence and experience to drive and further develop this key function”, says Mr Leif Gustafsson.

CRAMO PLC

Mr Leif Gustafsson
President and CEO

Further information

Mr Leif Gustafsson, President and CEO, tel: +358 10 661 10, email: leif.gustafsson@cramo.com
Mr Mattias Rådström, SVP, Communications, Marketing and Investor Relations, tel: +46 70 868 7045, email: mattias.radstrom@cramo.com

Distribution

Nasdaq Helsinki Ltd
Main media
www.cramogroup.com

Cramo is Europe’s second largest rental services company specialising in construction machinery and equipment rental and rental-related services as well as the rental of modular space. Cramo operates in about 300 depots in fourteen countries. With a group staff around 2,500, Cramo's consolidated sales in 2017 was EUR 729.5 million. Cramo shares are listed on Nasdaq Helsinki Ltd.