Energyst to double power fleet over next three years

By Murray Pollok03 February 2012

Energyst said it was well positioned to capitalise on the growing demand for power rentals worldwide and that it would more than double its fleet power capacity over the next three years.

The Netherlands-based company, which is owned by 10 European Caterpillar dealers, has just signed a cooperation agreement with Caterpillar reinforcing the relationship between the two.

Gary Smith, the ex-Avis/Barloworld executive from South Africa who joined Energyst last April, told IRN that Energyst was benefitting from the close relationships that it has with its Cat dealer owners. He pointed out that several of these have operations outside of Europe, including Barloworld (in South Africa and Russia) and Finning (in several South American countries), and that they would help open up opportunities in international power projects.

The company's main operations are in Europe, and after several difficult years Mr Smith said Energyst had grown "very strongly" in 2011 and was now ready to invest further in its business, both in Europe and internationally.

"We see a lot of potential in Europe, there is still a lot that we want to do", said Mr Smith, "We've cleaned up our European operation very nicely and had one of the best years ever in 2011. We see our revenues going up quite strongly.

"We're building our products across the board - investment is quite significant. We will be more than doubling our capacity in the short term [within three years]."

Mr Smith also expanded on Energyst's relationship with APR Energy and Energy International, two other power rental companies that recently announced cooperation deals with Caterpillar and its dealers.

He told IRN that although the relationship was clearly one of competition, Energyst would also be able to collaborate with them where required; "It gives us flexibility that we didn't have in the past. Instead of operating in isolation, we can work together. Historically, we had to walk away from jobs where we didn't have the capacity."

The full interview will appear in the March-April issue of International Rental News (IRN).

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Toyota launches new reach trucks
New low emissions reach truck models from Toyota offer safety improvements 
How to improve sustainable practices in rental
Appleton Column: When it comes to sustainability in the equipment rental sector, Kevin Appleton says businesses should stop the virtue-signalling and look for meaningful actions
Zeppelin Rental completes Luther integration
Move strengthen’s Zeppelin’s position in technology for traffic telematics
CONNECT WITH THE TEAM
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail: murray.pollok@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA