Speedy to open regional hub in Abu Dhabi
Move comes less than three years after Speed entered the Middle East market
UK’s largest equipment rental company, Speedy International is set to open a 30,000 m2 regional hub at the Esnaad Offshore supply base in Mussafah, Abu Dhabi.
The move comes less than three years after Speed entered the Middle East market. The company established itself in the Middle East after extending its agreement with Al Futtaim Carillion (AFC) through a five-year strategic services agreement. The agreement included the acquisition of some of AFC’s equipment fleet and built on the memorandum of understanding signed by the two parties in July 2009.
Under the terms of the agreement, Speedy will, in addition to becoming AFC’s exclusive provider of light plant and equipment across the Middle East and North Africa, provide a full range of asset management and logistical services based its new IT and business process platforms.
“The new Mussafah base will generate even more business for Speedy,” said Andy Carter, managing director for Speedy International.
“We have immense confidence in the region and have the fleet strength and technical expertise in handling and managing assets. Be it working for the oil and gas or the infrastructure sectors Speedy is geared to meet the requirement.”
