{"id":569,"date":"2012-03-15T12:00:47","date_gmt":"2012-03-15T10:00:47","guid":{"rendered":"https:\/\/dev.mbrahastot.donbran.co\/uncategorized\/2012\/03\/mb-rahastot-ostaa-cramolta-siirtokelpoisiin-tiloihin-liittyvan-liiketoimintakokonaisuuden\/"},"modified":"2019-07-08T09:28:27","modified_gmt":"2019-07-08T06:28:27","slug":"mb-rahastot-ostaa-cramolta-siirtokelpoisiin-tiloihin-liittyvan-liiketoimintakokonaisuuden","status":"publish","type":"post","link":"https:\/\/www.mbrahastot.fi\/en\/press-release\/2012\/03\/mb-rahastot-ostaa-cramolta-siirtokelpoisiin-tiloihin-liittyvan-liiketoimintakokonaisuuden\/","title":{"rendered":"MB Funds purchases modular space business from Cramo"},"content":{"rendered":"<p class=\"lead\"><span style=\"font-weight: 400;\">Companies set up by MB Funds have signed a contract of sale with Cramo Plc subsidiaries Cramo Finland and Cramo Production. Under the contract, Cramo will sell their custom-made modular space rental services business and their modular space production functions in Finland. In 2011, the revenue for the purchased business activities totalled 31 million euros.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The custom-made modular space rental business currently covers 86 rental modular complexes in different parts of the country. The complexes primarily have long-term rental agreements with municipalities as day care and school facilities, nursing homes and industrial office solutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The transaction also includes the production functions for modular spaces and industrial buildings in Finland. The related factories are located in the municipalities of Lepp\u00e4virta and Pyh\u00e4joki. They currently employ an estimated 160 people. Cramo will remain a significant production customer after the sale.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The CEO of the buyer companies will be <strong>Ossi Alastalo<\/strong> (45). Alastalo has managed Cramo\u2019s modular space business functions for the company\u2019s Fleet Management since 2006.<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-weight: 400;\">Alastalo: \u201c<em>This business acquisition enhances our opportunities to develop custom-made modular space rental services for our customers. We can now put more resources into such development. In this way, we can provide our customers with even better quality and more efficient modular solutions for their long-term needs. The municipal sector, for example, requires new solutions for the increasing demand for day care and schooling facilities<\/em>.\u201d<\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-weight: 400;\"><strong>Juha Tukiainen<\/strong> from MB Funds: \u201c<em>We see interesting future prospects for flexible, custom-made modular space solutions. We want to be a part of developing this business for the benefit of our customers. This transaction also includes the purchase of Finland\u2019s leading modular space production functions, which gives us an excellent opportunity for developing our service selection<\/em>.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For more information, please contact:<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><strong>Juha Tukiainen<\/strong><br \/>\nPartner, MB Funds<br \/>\n<\/span><span style=\"font-weight: 400;\">+358 400 791 679<\/span><\/p>\n<p><strong>\u00a0<\/strong><span style=\"font-weight: 400;\"><strong>Ossi Alastalo<\/strong><br \/>\nCEO<br \/>\n<\/span><span style=\"font-weight: 400;\">+358 400 634 732.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Companies set up by MB Funds have signed a contract of sale with Cramo Plc subsidiaries Cramo Finland and Cramo Production. Under the contract, Cramo will sell their custom-made modular space rental services business and their modular space production functions in Finland. In 2011, the revenue for the purchased business activities totalled 31 million euros. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-569","post","type-post","status-publish","format-standard","hentry","category-press-release"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.6 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>MB Funds purchases modular space business from Cramo - MB Rahastot<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mbrahastot.fi\/en\/press-release\/2012\/03\/mb-rahastot-ostaa-cramolta-siirtokelpoisiin-tiloihin-liittyvan-liiketoimintakokonaisuuden\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MB Funds purchases modular space business from Cramo\" \/>\n<meta property=\"og:description\" content=\"Companies set up by MB Funds have signed a contract of sale with Cramo Plc subsidiaries Cramo Finland and Cramo Production. Under the contract, Cramo will sell their custom-made modular space rental services business and their modular space production functions in Finland. In 2011, the revenue for the purchased business activities totalled 31 million euros. 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