Sumitomo expands rental division with Indonesian deal

Murray Pollok Managing Editor, IRN & Director of Content, KHL

13 December 2024

Sumitomo Corp of Japan has acquired 100% of the shares of Indonesian pump rental company PT. Resource Equipment Indonesia (REL). 

REL, which is based in Balikpapan, Kalimantan, rents large pumps mainly for mining dewatering operations in Indonesia. It was founded in 2010 and employs 70 staff.

The acquisition was made…

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Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
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