All Rental Management Articles
Caterpillar sees the potential to substantially expand its Cat Rental Store network in North America by creating rental operations inside Home Depot stores.
Bergerat Monnoyeur Location (BM Loc), the French Cat Rental Store business operated by Caterpillar dealer Bergerat Monnoyeur, is to expand its product offering to general contractors and builders under a new ‘Pack Batiment’ programme.
New Holland is trialing a dealer rental business in Unna, Germany, with 40 machines currently in the fleet.
Spanish rental company HUNE (formerly Euroloc) has ambitious growth plans for 2008 despite having made three major acquisitions during 2007. The company aims to open 25 greenfield depots this year and invest €125 million in expanding its fleet.
ERA will hold a wide selection of seminars and workshops during its 2008 Convention in Amsterdam on 3-5 June. The events will take place at the RAI exhibition centre is spaces adjoining the International Rental Exhibition (IRE).
People news for around the world.
What are the benefits of using a manufacturer’s ‘captive’ finance programme in acquiring your rental fleet? Murray Pollok talked to manufacturers, financial consultants and rental companies about their favoured finance sources.
What has caused the dramatic fall in the share prices of major equipment rental companies, and what impact will it have? IRN’s finance correspondent, Jeff Eisenberg, reports.
Renowned US rental consultant Dan Kaplan will give the keynote address at the European Rental Association’s annual convention in Amsterdam in June. The convention tales place alongside the new International Rental Exhibition (IRE) at the RAI exhibition centre on 3-5 June.
German online rental company, erento, is planning to expand throughout Europe and has just started operations in the UK with the support of Hire Association Europe (HAE).
News highlights for March 2008
Spanish rental company Euroloc has renamed itself HUNE. The rebranding – which reflects four of its existing names, Homs, Umesa, Nacanco and Euroloc – comes as the company reported total revenues in 2007 of €233.7 million, up from €75.6 million in 2006 and higher than the €225 million previously forecast.
US rental consultant Dan Kaplan will give the keynote address at the European Rental Association’s (ERA) annual convention in Amsterdam, the Netherlands in June, taking place alongside the International Rental Exhibition (IRE) at the RAI exhibition centre.
The European Rental Association (ERA) will hold a full programme of rental workshops, roundtable discussions and other events as part of its convention to be held on 3-5 June in Amsterdam during the International Rental Exhibition (IRE).
Brandon Hire, the UK tool hire chain owned by the Wolseley Group, has recently opened nine new branches to take its total network to over 260 locations nationwide.
Komatsu Utility Europe, which specialises in compact equipment, is to fit the Komtrax satellite tracking system as standard to its entire range of machines above 1,5 t.
The acquisitive Netherlands rental company, Jaston Groep, re-branded all its rental divisions under the single Workx name on 1 January. The name change is part of an ambitious growth strategy at the company, which is backed by Netherlands private equity company H2 Equity Partners.
IRN's financial correspondent Jeff Eisenberg looks at the stalled takeover of United Rentals by private equity form Cerberus, and concludes that United is still likely to be sold, but for a lower price.
The time to enter the first European Rental Awards is now. The awards website is up and running, giving companies all the information needed to enter. At the site you can download the award entry form, read the judging criteria for each award, and see contact details if you want additional guidance.
KDM Hire in Northern Ireland has benefited from a buoyant construction market, but now, in the face of increasing competition, it is having to work hard to exploit all the advantages of its independent status. Murray Pollok spoke to KDM's managing director, Keith McIvor.