Cramo

Solna, Sweden Founded: 1950 • Age: 76 yrs Acquired By Boels
Cramo is associated with equipment rental services.
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About Cramo

Cramo is a company based in Solna (Sweden) founded in 1950 was acquired by Boels in November 2019.. The company has 201 employees as of October 31, 2024. Cramo has completed 5 acquisitions, including Aukstuminiu irengimu sistemos, Kbs-Baulogistik and Parviainen Invest. Cramo operates in a competitive market with competitors including Equipmentloop, MaskinSlussen and ZipEquip, among others.

  • Headquarter Solna, Sweden
  • Employees 201 as on 31 Oct, 2024
  • Sectors
    Real Estate & Construction
    Industrial Goods & Manufacturing Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $59.95 M (USD), Debt – Conventional

    Jan 12, 2018

  • Investors
  • Employee Count
    201

    as on Oct 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Boels

    (Nov 13, 2019)

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People of Cramo
Headcount 1000-5000
Employee Profiles 59
Board Members and Advisors 8
Employee Profiles
People
Magnus Olsson
Sales Representative At Cramo AB
People
Martin Holmgren
CEO
People
Filip Alverstam
Kredithandläggare
People
Thomas Astrup
Managing Director, Cramo AS

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Board Members and Advisors
people
Johannes Valk
Board Member
people
Veli-Matti Reinikkala
Chairman
people
Annacarin Grandin
Board Member
people
Andrew P. Studdert
Board Member

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Funding Insights of Cramo

  • Total Funding
  • Total Rounds 3
  • Last Round Debt – Conventional — $59.9M
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2018 Amount Debt – Conventional - Cramo Valuation

investors

Nov, 2012 Amount Debt – Conventional - Cramo Valuation

investors

Jun, 2008 Amount Unspecified - Cramo Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cramo

Cramo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include European Investment Bank, Hartwall Capital and Boels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Finance and advisory services for infrastructure projects are provided.
Founded Year Domain Location
Sustainable value growth is pursued through active ownership.
Founded Year Domain Location
Equipment rental services are provided for construction and industries.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cramo

Cramo has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Aukstuminiu irengimu sistemos, Kbs-Baulogistik and Parviainen Invest. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Electric lifting equipment, hoists, and construction machinery are supplied.
2015
Logistics services are provided in Vantaa, Finland, since 2004.
2004
Provider of construction equipment rental services
1957
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cramo

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cramo Comparisons

Employees
+
Add Comparison
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Competitors of Cramo

Cramo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Equipmentloop, MaskinSlussen and ZipEquip, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online platform for rental of construction machinery
domain founded_year HQ Location
Industrial equipment rentals are facilitated via an online platform.
domain founded_year HQ Location
Platform for booking and managing equipment in the construction industry.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cramo

Frequently Asked Questions about Cramo

When was Cramo founded?

Cramo was founded in 1950 and raised its 1st funding round 58 years after it was founded.

Where is Cramo located?

Cramo is headquartered in Solna, Sweden.

How many employees does Cramo have?

As of Oct 31, 2024, the latest employee count at Cramo is 201.

What does Cramo do?

Cramo is recognized for providing equipment rental services. The specific sectors, solutions, or operational details are not mentioned in the available content. Further information regarding their offerings or geographic presence is not provided.

Who are the top competitors of Cramo?

Cramo's top competitors include Equipmentloop, MaskinSlussen and ZipEquip.

How many acquisitions has Cramo made?

Cramo has made 5 acquisitions, including Aukstuminiu irengimu sistemos, Kbs-Baulogistik, and Parviainen Invest.

Who are Cramo's investors?

Cramo has 3 investors. Key investors include European Investment Bank, Hartwall Capital, and Boels.

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