On November 1, 2010, Swedish construction company Peab AB (STO: PEAB B) made a significant move by acquiring equipment rental company Cramo Entreprenadmaskiner AB from Finnish group Cramo Oyj (HEL: CRA1V). This acquisition by Peab AB of Cramo Entreprenadmaskiner AB indicates a strategic expansion into the equipment rental market, signaling potential growth opportunities for the company.