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Global Equipment Trading of the UAE is acquired by heavy machinery platform Plant & Equipment.


Global Equipment Trading, located in Dubai's Jebel Ali Free Zone, United Arab Emirates, has been acquired by Plant & Equipment, a prominent construction equipment marketplace in the Middle East and North Africa (MENA) area.

As a prominent online auction and advertising platform in the Middle East, Global Equipment Trading's inclusion into the Plant & Equipment family is in keeping with the company's ambitious growth strategy for the GCC and wider MENA region. Heavy equipment can be moved to and from Jebel Ali Port, a crucial hub for regional trade and commerce, thanks to Global Equipment Trading's private yard located within the Jebel Ali Free Zone.

This calculated move emphasizes Plant & Equipment's goal to become a multichannel company where clients can simply purchase, sell, or list equipment online or in-store. Plant & Equipment is moving closer to being a one-stop shop for all things construction equipment with the acquisition of Global Equipment Trading.

PlantAndEquipmentcom vendors now have more options and increased freedom as they can select between auctions and classified listings. Under the Plant & Equipment umbrella, P&E Auctions is a subsidiary brand that is making a name for itself in the Middle East and North Africa (MENA) as a cutting-edge online auction platform. Consignment building and advertising heavy equipment for customers in the Gulf, Levant, Africa, and Asia are the main objectives of P&E Auctions.

Plant & Equipment will maintain its leadership position in the industry for equipment verification, inspection reports, and payment security measures following the acquisition. For those involved in the purchase and sale of heavy gear and vehicles, this guarantees a seamless and safe transaction.

To facilitate the sale of heavy machinery and equipment through the online platform of PlantAndEquipment.com, Plant & Equipment introduced P&E Auctions in May 2023. A vast range of heavy equipment from several sectors, such as construction, logistics, agriculture, and mining, is available for purchase at PlantAndEquipment.com's live auctions. To guarantee that they live up to the high expectations of quality and dependability, every auction lot is examined and validated by the P&E Auctions staff.


Source : https://www.iraqnewss.com/
Posted on :2/19/2024