Renta Group

Renta Group is a Finnish construction machine and equipment rental company that has grown to become one of the leading operators in its sector in the Baltic Sea Region. The equipment offered meets a broad range of customer needs across construction, infrastructure, and industrial markets. The company also offers modern site facilities, scaffolding and weather protection services in addition to other site services such as temporary plumbing and heating, ventilation and air conditioning installation and planning.

Renta Group was established in early 2016 by combining three well-known Finnish companies, Telinekymppi, Kehä-Kone and Jasoca, with Intera’s support. The vision was to build a modern equipment rental company where decisions are made close to the customer and operations are supported by digital tools, creating an agile mid-sized challenger in an established industry. Renta began its journey by building a nationwide depot network in Finland by organic means during 2016-2018. Therafter, the company initiated its Nordic expansion by entering both Sweden and Norway through strategic acquisitions in 2018. The initial market entries were followed by a series of further acquisitions and greenfield depot openings to build nation-wide presence in the two countries. Renta also entered Poland and Denmark via greenfield openings. By the end of 2021, Renta had a network of over 100 depots across the Nordic countries and Poland.

Renta was among the first companies to develop and truly utilize modern digital tools and systems in the equipment rental industry. Having been built from a “clean sheet”, the company has been able to develop its own tailored tools right from the beginning. Aside from the growth initiatives, a core part of Renta’s success stems from digital development.

In early 2022, Intera and Renta’s key personnel sold Renta to IK Partners, a European private equity firm. During Intera’s ownership, Renta’s revenue grew from EUR 14 million at inception to almost EUR 300 million at the time of the exit, the number of employees increased from 30 to over 1000, and the number of depots expanded from two to over a hundred. Following Intera’s ownership, Renta has continued its strong growth and has established itself as a significant player in the industry in Europe.


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