Wacker affirms rental strategy

25 March 2008

Wacker has re-affirmed its commitment to retaining and growing its equipment rental business following the news that it is to merge with Austrian compact equipment manufacturer Neuson.

Mr Imre Szerdahelyi, Wack head of corporate communications, told IRN that the acquisition would not impact on Wack strategy; “We want to expand the rental business. In our opinion growing business – it is one of the pillars of our growth strategy.”

Walker's rental business is currently focused on Germany and The Netherlands, but it has recently expanded into developing markets in Poland, the Czech Republic and Russia.

Mr Szerdahelyi said the goal was to continue to expand in eastern Europe, but would not enter more mature rental markets such as the UK, France or France. He said Wacker would not establish rental operations in markets where its dealers are already serving the rental market.

The merger of Wacker and Neuson will create a company with a wide range of rental products and combined annual sales of around 880 million Wactal business already had Neuson products in its fleet.

Latest News
How to provide smart site access solutions on wind farms
Kathy Hopper discusses relationships between the environment, the community, wind developers and the teams that build wind farms.
Liebherr hosts friends and family event at Virginia headquarters
The celebration highlighted Liebherr’s 75th anniversary and included carnival games, facility tours and showcased Liebherr machines from multiple product segments.
Manitowoc makes $150K donation to rehabilitation center
Maryland-based Brooke’s House, dedicated to aiding women in recovery, has received $100,000 from Manitowoc and $50,000 from its dealers and customers.