CRAMO GROUP HAS SIGNED AN AGREEMENT CONCERNING THE PURCHASE OF THE ASSETS OF A FINNISH COMPANY OSKARIN VUOKRAKONE OY Cramo Finland Oy, a fully owned subsidiary of Cramo Plc, and Oskarin Vuokrakone Oy have signed an agreement concerning the purchase of the assets of the company. The assets purchased include the rental fleet and related customer agreements. Oskarin Vuokrakone began its activities in year 1981. The company has seven employees, who shall continue to work for Cramo Finland Oy. The company has depots in Jämsä and Jyväskylä and a dealer depot in Mänttä. The sales of the company were approximately 0.8 million euros in 2006. The asset purchase will enhance Cramo's market position in Central Finland. The parties to the acquisition have decided not to publish the purchase price. CRAMO PLC Vesa Koivula President and CEO Further information Tatu Hauhio, Senior Vice President, Finland, tel. +358 40 570 1344 Distribution Helsinki Stock Exchange Major media www.cramo.com Cramo Plc is a service company specialising in construction machinery and equipment rental and rental-related services, as well as rental and sale of modular space. As one of the industry's leading service providers in the Nordic countries and Central and Eastern Europe, Cramo operates in ten countries with 250 outlets. With a group staff of approximately 2,000, Cramo's consolidated sales for 2006 totalled EUR 402 million. Cramo is listed on the Helsinki Stock Exchange. For further information, please visit www.cramo.com.
CRAMO GROUP HAS SIGNED AN AGREEMENT CONCERNING THE PURCHASE OF THE ASSETS OF A FINNISH COMPANY OSKARIN VUOKRAKONE OY
| Source: Cramo Oyj