Distributor continues with ‘aggressive’, region-wide expansion plans as Qatar market grows
UAE-based FAMCO had announced the official launch of operations in Qatar, in line with an aggressive region-wide expansion programme that will see the construction and industrial equipment distributor multiply the number of regional branches and also launch FAMCO Oman.
Under the new arm, FAMCO Qatar will be the exclusive distributor for Linde material handling equipment, , Ingersoll Rand industrial air compressors, Himoinsa generators and lighting towers, plus Nassau doors, Hart doors and Stertil dock levellers .
FAMCO has already supplied Himoinsa products to leading construction companies and Linde forklifts to Qatar Duty Free.
“While the Al-Futtaim Group has excellent historical business ties in Qatar, we felt the time is right for a dedicated operation in Qatar to service the country’s rapidly growing construction and logistics industry,” commented MD Paul Floyd.
“FAMCO is already known as the leading supplier for construction, logistics and industrial equipment in the UAE, Oman and Saudi Arabia, and with our Qatar branch we continue our ambition for becoming the Middle East’s largest equipment distributor,” Floyd added.
It was announced at the end of last year that the Saudi Arabian multi-brand franchise Al-Rehab Equipment had been acquired, allowing FAMCO to become the exclusive distributor of Volvo Construction Equipment in the Kingdom of Saudi Arabia.
Earlier this year FAMCO also launched its own finance facility to help clients fund their machinery and vehicle needs.