Accent Equity divests Stål & Hyr Group to Renta
Accent Equity 2012 and minority shareholders have agreed to divest Stål & Hyr Group, a rental provider of machinery and equipment, to Renta, a Finnish rental company established by Intera in 2016. Stål & Hyr is headquartered in Varberg, Sweden, and operates under two separate brands, Stål & Hyrmaskiner and Dennis Maskinuthyrning. Accent Equity invested in Stål & Hyr in March 2017.
Accent Equity was advised by Mannheimer Swartling in the transaction, which is expected to be completed in the second quarter of 2018 following customary approval from the Swedish Competition Authority.