Ramirent's Temporary Space divestment is completed


Ramirent Plc                      Stock Exchange Release                        1 November, 2018 at 12:30 EET
                                                                                                                                                                                                                      

Ramirent Plc announces that the divestment of its Temporary Space business has been completed. Control of the business has been transferred to Procuritas Capital Investors VI Holding AB effective from November 1, 2018. The details of the transaction were announced on July 30, 2018. Ramirent continues to manufacture and rent construction site modules as part of its core offering.

Further information:
Jonas Söderkvist, EVP and interim CFO, Ramirent Plc, tel: +46 (0)8 624 9502

RAMIRENT is a leading service company offering equipment rental for construction and other industries. Our mission is to help our customers gear up on safety and efficiency by delivering great equipment and smooth service with a smile. We have 2,900 co-workers at 300 customer centers across 10 countries in northern and eastern Europe. In 2017, Ramirent Group sales reached a total of EUR 724 million. Ramirent is listed on NASDAQ Helsinki. Ramirent - Gear Up. Equipment rental at your service

Procuritas Capital Investors VI Holding AB is a private equity fund focusing on mid-sized companies in the Nordic region. The fund was launched in 2017, with ca. EUR 318 million in committed capital. With a passion for business, extensive industrial experience and more than thirty years' track record covering a large variety of transactions, Procuritas has supported over 40 companies with the aim to accelerate their growth and realize their true business potential.

Distribution
NASDAQ OMX Helsinki, main news media, www.ramirent.com