About Lipac
Lipac is a company based in Bromma (Sweden) founded in 1972 was acquired by Riwal in March 2019. Lipac has completed 1 acquisition, including ITEX Rental.
- Investors
- Investments & Acquisitions
- Acquired byRiwal
(Mar 2019)
Investors in Lipac
Lipac has secured backing from 1 investor. Prominent investors backing the company include Riwal.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Aerial work equipment is rented online via Riwal's platform. | 1998 | riwal.com | Dordrecht, Netherlands |
Investor details for Lipac
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- Complete investor list
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People of Lipac
1 people are tracked at Lipac (1 in leadership).
| Name | Role | Group |
|---|---|---|
Soren Rosenkrands | CEO | Leadership |
Complete people profiles for Lipac
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- Team structure
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Investments & Acquisitions by Lipac
Lipac has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include ITEX Rental.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Supplier of construction equipments | itex.se | Jarfalla, Sweden | 1993 | Sep 2016 | •••• |
Complete acquisition details for Lipac
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- Exports
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Timeline of Lipac
3 dated milestones of Lipac across 47 years, from founding to its latest funding, stage changes and deals.
- Founded Lipac is founded.
- Acquisition Acquires ITEX Rental.
- Exit Acquired by Riwal.
Similar companies to Lipac
10 companies that operate in the same segment as Lipac (Construction Equipment and Machinery), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | – | USD 1.97 B | 8,119 | |
Capital goods for agriculture and construction are manufactured by CNH. | 2012 | Basildon, Essex, United Kingdom | – | USD 18.1 B | 35,850 | |
Engineering and automation solutions are provided for diverse industries. | 1946 | Mumbai, Maharashtra, India | – | USD 30.48 B | 412,970 | |
Construction and industrial equipment is rented across North America. | 1983 | Fort Mill, South Carolina, United States | – | – | – | |
Construction machinery is manufactured and supplied by the group worldwide. | 1999 | China | – | USD 1.75 K | – | |
Tractors and mechanized off-highway equipment are manufactured. | 1837 | Moline, Illinois, United States | – | USD 45.63 B | – | |
Industrial tools and household hardware are manufactured. | 1843 | Baltimore, Maryland, United States | – | USD 15.13 B | 48,500 | |
Precision components are manufactured for various industries. | 1980 | West Fargo, North Dakota, United States | – | USD 2.43 B | 3,650 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1925 | United States | – | USD 67.59 B | 112,900 | |
Construction and mining equipment, engines, and locomotives are manufactured. | 1993 | United States | – | – | – |
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Frequently Asked Questions about Lipac
Lipac was founded in 1972.
Lipac is headquartered in Bromma, Sweden. It is registered at Bromma, Stockholms Lan, Sweden.
Soren Rosenkrands is the current CEO of Lipac.
Lipac was established in 1972 in Bromma, Sweden, within the equipment rental sector. Rental options for various lifts and lifting equipment are offered to support construction, maintenance, and industrial operations. Activities are primarily conducted across Sweden, with a focus on reliable access to machinery for short- and long-term needs. The company is led by CEO Soren Rosenkrands, ensuring operational oversight in the regional market.
Lipac has made 1 acquisition, including ITEX Rental.
Lipac has 1 investor. Key investors include Riwal.
Yes. Lipac was acquired by Riwal in March 2019.