THE HISTORY OF ADAPTEO

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Adapteo was born in the demerger of Cramo on 30 June, 2019

The story of Adapteo started in Finland in the 1950s. Since then the company has worked under many names until 2019 when Adapteo was formed through the demerger of Cramos modular space business. We look forward to many successful years of growth and progress together with our customers and coworkers.

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The history of Adapteo's journey

  • 2023

  • Adapteo has established itself in 9 markets

 

  • 2022

  • Adapteo acquires Ajos, Denmark

    Adapteo acquires E-rent, Germany

 

  • 2021

  • Goldman Sachs stands as the owner

    Adapteo acquires Stord Innkvartering

     

 

  • 2020

  • Adapteo acquires Dutch Cabrin Group

 

  • 2019

  • The independent company Adapteo is born from the demerger of Cramo and listed on Nasdaq

 

  • 2018

  • Cramo acquires Nordic Modular Group

 

  • 2014

  • Cramo adopts Cramo Adapteo, a new sub-brand, for its flexible real estate business

    Entry on the German market

 

  • 2006

  • Nordic Modular Group forms with Temporent and Flexator as subsidaries

 
 

  • 1995

  • Temporent estrablished as part of the Skanska Group

    Established in Denmark

 

  • 1984

  • Malmros Instant Office established (later part of the creation of Cramo Group)

 
 

  • 1956

  • Oresjö Fabriker (later Flexator established)

 

History of Adapteo from the beginning

1950s–1980s

The history and roots of Adapteo links with those of Cramo and can be traced back to early 1950s, when the Finnish Association of Construction Engineers established Rakentajain Kone Oy in response to the need for construction machinery due to post-war reconstruction. The modular space business dates back to early 1978 in Finland, and has since then operated under several business names and corporate structures.

Nordic Modular Group that Cramo acquired in 2018, traces its origins back to 1956, when the Anneberg factory was founded under the name Oresjös Fabriker AB.

1984: Malmros Instant Office established in Sweden and was later part of the creation of Cramo Group and its modular space business in 1995.

1990s–2000s

Oresjö fabriker changes its name 1990 to Sektionsbyggarna and then later Flexator.

These years mark a period of expansion for Cramo’s modular space business with establishments in Denmark (1995) and Norway (2002).

In 2006, Nordic Modular Group forms with Temporent, established 1995 as part of the Skanska group, and Flexator as subsidiaries.

2010s

In 2014, Cramo adopted a new sub-brand, Cramo Adapteo, for its modular space business in order to better capitalise on the increasing modular space business and increase the prominence of its modular space business in real estate and in the public sector.

In 2014, Cramo acquired all the shares of the German modular space rental company C/S RaumCenter GmbH, and entered on the German market.

In 2015, Cramo further strengthened its position in the German modular space market by acquiring the modular space fleet of MDS Raumsysteme GmbH.

In June 2017, to strengthen its position in the growing Danish modular space market, Cramo acquired the assets of the modular space company Just Pavillon A/S.

In 2018, the Modular Space business was strengthened by the acquisition of Nordic Modular Group Holding AB. The acquisition further strengthened Adapteo’s business model on the overall Nordic modular space market, and lay the ground for Business Area Permanent space, with in-house production.

2019

In 2019, Adapteo was born on 30 June 2019, through the demerger of the modular space business of Cramo. Adapteo’s shares were listed on Nasdaq Stockholm, Mid cap.

2020s

In 2020, Adapteo’s geographical presence was diversified and strengthened in Central Europe by the acquisition of Dutch Cabin Group, a leading provider of adaptable buildings in the Netherlands and with presence in Germany.

In 2021, to strengthen its position in worker accommodations and enable expansion to new customer segments in Norway, Adapteo acquired Stord Innkvartering AS.