Asset management firm brings international standards to the region with £8.5 million investment
DUBAI: UK-headquartered Speedy Hire Plc is spreading its wings with a new Middle East and North Africa (MENA) base following an exclusive agreement with Al Futtaim Carillion (AFC), and with a strong presence at the ADIPEC, taking place in Abu Dhabi in early November this year.
The ISO certified provider of asset management and project support services to clients across the construction, infrastructure, industrial, manufacturing and facilities management sectors, established Speedy International Asset Services Equipment Rental LLC with operations in Dubai in January of this year.
"Statistics show that the Middle East and North Africa represents long-term, stable growth built on a steadily developing infrastructure and that is why we decided to make this our first international representation, though we have worked in and around the region, in the past. We are primarily offering Asset Management services here. Other core services include Risk Management Services and Major Project Services," explained Andy Carter, Managing Director, Speedy International Asset Services Equipment Rental LLC.
Speedy's market entry has been just that - speedy. Already, the asset management specialist is working on projects in Oman and Egypt, and will soon be providing services in Qatar and Saudi Arabia.
Spearheading its entry into the MENA market is a five-year Strategic Services Agreement with AFC, UK-based Carillion Plc's long-standing joint venture in MENA with the Al-Futtaim Group.
Underlining Speedy's commitment to the region is an £8.5 million investment in equipment. This investment is to be followed up with the opening of a 50,000-sqm depot at Mussafah, Abu Dhabi by the end of this year. This will be Speedy's main operating base for the UAE.
Further bolstering its regional presence, Speedy will be exhibiting at ADIPEC for the first time this year.
"Attending ADIPEC, a regional event of international caliber, is an important part of our commitment to the region and we hope that by being at the show we will be able to underline our dedication to providing world-class services, health and safety standards, and customer care," said Carter.
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) takes place at ADNEC November 1-4. ADIPEC marks Speedy's public launch into the Middle East. Exhibiting in the UK Pavillion, Hall 8 of ADNEC, Speedy will have a number of welding products on display, with information available on a comprehensive list of Speedy equipment, including compressors and generators, boosters, pumps, nitrogen membrane units, lifting equipment and light plant.
-Ends-
Founded in 1977, Speedy is the leading UK provider of equipment rental and support services to a wide range of clients across the construction, infrastructure, industrial, manufacturing and facilities management sectors - as well as to local trades and industry.
Operating from over 325 fixed sites - together with a number of on-site facilities at client locations throughout the UK, Ireland and the Middle East - the company supplies a range of services including:
- the provision of small tools and equipment
- surveying and measurement instrumentation
- lifting and materials handling equipment
- powered and non-powered access equipment
- temporary accommodation
- compressed air
- temporary power generation
- mechanical pumps
- temporary site communications
The Group also provides associated services through the provision of training, asset management and testing, repair, inspection and maintenance (TRIM), as well as offering advisory services in areas such as health and safety, environmental and regulatory compliance. Commercial Website: www.speedyhire.com Corporate Website: www.speedyhire.plc.uk
PRESS CONTACTS:
Upasna Barua Kumar
CEO
Blazon Communications
Email: upasna@blazoncommunications.com
Mob: +971 50 7185895
Sarah Campbell
PR Director
Blazon Communications
Email: pr@blazoncommunications.com
Tel: +9714 3116694, Fax: +9714 8845405
Web: www.blazoncommunications.com
© Press Release 2010
