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2007-05-02 15:00:01 CEST 2007-05-02 15:00:01 CEST REGULATED INFORMATION Cramo Oyj - Company AnnouncementCRAMO GROUP HAS SIGNED AN AGREEMENT CONCERNING THE PURCHASE OF THE ASSETS OF A FINNISH COMPANY JM-ALLTRANS OYCramo Finland Oy, a fully owned subsidiary of Cramo Plc, and JM-Alltrans Oy have signed an agreement concerning the transfer of the assets of the company. The assets purchased include the rental fleet and the related customer agreements. JM-Alltrans began its activities in the year 1993 and is mainly concentrating in the rental of the compact construction machinery. The company is domiciled in one depot in Kirkkonummi, Finland. The company has three employees, who shall continue to work for Cramo Finland Oy. This asset transfer will enhance Cramo's market position in the compact construction machinery rental market and will strengthen its profitable growth. 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 1,800, 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. |
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