Modulaire expands into Middle East

Portable accommodation giant Modulaire Group has launched across the Middle East through its Dubai-based Algeco subsidiary, reported TradeArabia News Service.

In addition to modular building rental and sales, Algeco Middle East will supply furniture and equipment, technology, safety systems, as well as installation, maintenance and site infrastructure.

Remco Teulings, CEO of Modulaire Group, quoted by TradeArabia, said: “Establishing operations in the Gulf is an important step in our international growth.

“With a trillion dollars of planned infrastructure investment over the next ten years, the GCC [the Gulf Cooperation Council alliance of six Middle east countries] offers vast opportunities for providers of innovative modular infrastructure solutions, which help customers deliver efficient outcomes.

“The UAE provides a strategic base from which we can grow and support customers across the wider GCC, as we take the success of Algeco to one of the most exciting and dynamic regions in the world.”

Private equity-owned Modulaire operates across 24 countries, with a fleet of more than 330,000 modular space and storage units.