Budapest, September 2013 

The Danube SCA Sicar, the private equity fund of Oriens IM merchant bank, purchased 100% stake in Ramirent Hungary Kft. which deals with equipment rental.

The Company is the Hungarian subsidiary of the Ramirent Group which is one of the leading equipment rental companies in Europe, listed on the the Finnish stock exchange and has operations in more than 10 countries. In 2012, sales of Ramirent Kft. amounted to EUR 7 million, operating with 13 sites.