Euroloc rebrands as HUNE
By Murray Pollok22 April 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. The acquisitions of Homs, Nacanco and Umesa – all three were bought last summer - have considerably boosted the company’s revenues, and increased its total equipment fleet by 14000 units to 33000. HUNE, which claims an 8% share of the Spanish rental market, operates two divisions; general equipment and aerial platforms.