Bucharest, Romania – October 21st, 2025 – mateco Romania, the Romanian subsidiary of the international equipment rental group mateco – operating in 15 countries across Europe and South America – has acquired PSM Rent, a key player in the local equipment rental market, through an asset deal.
Founded in 2019 as the rental division of the PSM Group, PSM Rent focused primarily on Southern Romania. Over the years, the company has built a strong reputation for reliability and professionalism, offering a diversified fleet of scissor and boom lifts and, more recently, generators, forklifts, and lighting towers.
Sharing a similar profile and commitment to quality, PSM Rent operated a modern fleet – part of which was originally sourced through mateco Romania’s equipment sales division. The company also implemented comparable operating standards and continuously invested in service excellence, making this integration a natural and strategic step forward.
“The acquisition of PSM Rent is part of mateco Romania’s growth strategy and underlines our ambition to consolidate our leadership position in the Romanian access and industrial equipment rental market,” said Cristian Hiver, General Manager of mateco Romania. “We share the same values and dedication to customer satisfaction, safety, and operational excellence.”
Radu Bogdan Nițu, Executive Manager of PSM Rent, added: “This partnership with mateco allows PSM Group to strengthen its position in the electrical installation and industrial relocation sector, while ensuring our clients continue to benefit from modern equipment, high-quality services, and top-level support from mateco Romania.”
Following the asset deal, mateco Romania will primarily take over PSM Rent’s rental fleet, while the PSM Group will continue to focus on its core business – the design, installation, and maintenance of low- and medium-voltage electrical systems and industrial relocations.
The two groups will remain connected through a long-term collaboration, as mateco’s new regional depot will be established within a facility developed by PSM near its headquarters in the Ploiești Industrial Park. In addition, PSM Group will remain an important mateco customer for rental equipment.
“This transaction strengthens our local presence and reflects mateco’s long-term commitment to building a strong, service-oriented network across Central and Eastern Europe,” said Anthony Pille, Eastern Europe Director within the mateco Group. “By joining forces with a company that shares our values, we can serve customers faster and deliver high-quality equipment and services exactly where and when they need them.”
With this acquisition, mateco Romania further expands its rental capabilities and continues to deliver on its promise of providing safe, efficient, and high-quality work-at-height and industrial equipment solutions nationwide.