Concord Namibia has expanded its geographical reach in the country through the acquisition of Walvis Bay-based plant hire company Rent-A-Plant Namibia.
The company’s fleet consists of 55 forklifts, five mobile cranes, four access platforms and three trucks. The cranes range in size from 25 t to 35 t. Concord Namibia – which is part of the Concord Cranes group – is situated in Okahandja and has been focusing on the northern and central territories.
CEO Francois Smith says RentA-Plant Namibia “has a different customer base compared to us. “We have a couple of customers looking for cranes, which we rent to them on a monthly, weekly, or daily basis. Conversely, Rent-A-Plant Namibia has an extensive client list, which will sometimes use a machine for just a few hours at a time,” he says.
Rent-A-Plant Namibia’s key accounts include a number of customers in Walvis Bay. These relationships have been built up over the past 19 years. Smith says Rent-A-Plant Namibia will now have access to larger-size cranes through Concord Cranes.
“It illustrates the synergy between our two companies, as well as the potential benefit to our existing and future customers.” Smith says the acquisition dovetails with Concord Cranes’ broader goal of having a strong presence in South Africa’s neighbouring countries. “
We are piloting the concept of having multi-franchises with multi-product offerings in Namibia,” he says. “We are positive about the medium-to-long-term prospects for the Namibian industrial sectors,” he adds.
CAPTION
The Rent-A-Plant fleet includes forklifts and cranes ranging in capacity from 25 to 35 tons.
