The World`s Top equipmenT renTal companies
Transcription
The World`s Top equipmenT renTal companies
IRN100 2008 The world’s top equipment rental companies © copyright 2008 www.khl.com TOPLISTS Business information for the global construction market TOPLISTS: iC’s Top200 Yellow Table Access 50 Access 20 Scaffold 20 ACTCrane50 ACTTransport50 ALH20/20 D&Ri100 Transport50 IC50 ICm20 IRN 100 CE-100 The World’s largest construction companies The World’s largest construction equipment manufacturers The World’s largest access platform rental companies Largest aerial platform manufacturers by unit sales Largest 20 scaffold contractors in the world Annual ranking of North America’s largest crane-owning companies Ranking of top specialized transport companies in North America The listing of the largest aerial work platform fleets and the top telehandler rental fleets in North America The top demolition contractors in the world Annual ranking of the world’s specialized transport fleets The world’s largest crane operating companies Ranking of the world’s largest crane manufacturers The world’s top equipment rental companies. Europe’s largest construction companies SURVEYS: Access Confidence Survey CE Barometer Rental Rates Survey Rental Confidence Survey Access International’s annual confidence survey Monthly confidence survey for the European construction industry Annual survey of rates for mobile and crawler cranes around the world IRN’s annual confidence survey COMPETITIONS: TopLift SC&RA Job of the Year IC readers vote for the best lift of the year (in several categories) Details of the winning projects amongst SC&RA members www.khl.com 29 it was the bigger European companies who made the running. IRN-100 The Japanese and US rental giants had a steady 2007, but Murray Pollok reports on the latest IRN-100 survey. Euro power T he same four rental companies, in the same order, are at the top of this year’s IRN-100, but that doesn’t mean that nothing has changed from last year. Distil the hundreds of numbers on the following pages, and you come up with some inescapable broad conclusions: Japanese and US rental companies grew at a modest rate last year, while the Europeans were rapidly expanding through acquisitions and Greenfield openings. Of the fifteen companies who grew by over 20% in 2007 (see Table 9), 11 were European and just two were from the US (and one of these is a party and events player, Classic Party Rentals). It was the big national and multi-national European rental companies who grew most rapidly in 2007, companies like GAM and HUNE of Spain, Loxam, Ramirent, Cramo, Boels, Speedy Hire and Rank Company 08 07 1 1 United Rentals Turnover Head Office (€ million) 07/08 06/07 2383 2465 Greenwich, Areas of Operation Type of Rental Company USA, Canada, Mexico Construction equipment, Tools Construction equipment, tools 2 2 Ashtead Group 1522 1612 Connecticut, USA Leatherhead, Surrey, UK 3 3 1212 1250 Scottsdale, USA USA, Canada, Mexico 4 4 1055 1109 5 - RSC Equipment Rental Hertz Equipment Rental Corp Algeco Scotsman 1000 260 Park Ridge, New Jersey, USA Baltimore, Maryland, USA USA, Canada, France, Spain Canada, USA, Mexico, Europe 6 5 Aggreko 937 802 Glasgow, Scotland Worldwide 7 7 Loxam 747 541 Chatenay Malabry, France 8 12 Coates Hire Ltd 678 466 9 9 Ramirent 634 498 10 8 Speedy Hire Plc 629 498 11 6 Aktio Corp 580 553 12 - Finning International 542 579 (inc Hewden) UK, US, Singapore Construction equipment, tools Construction equipment, tools Portable accommodation, storage units Power, temperature control and compressor rental Construction equipment, tools Number of Depots Staff 670 636 473 360 200 124 Contact Details 10400 +1 203 622 3131 www.unitedrentals.com 9536 +44 (0)1372 362300 www.ashtead-group.com Combines A-Plant and Sunbelt Rentals 5000 +1 480 905 3300 www.rscrental.com +1 201 307 2000 www.hertzequip.com 5500 +1 410 931 6066 www.willscot.com 2900 +44 141 225 5900 www.aggreko.com France, Ireland, UK, 541 4400 +33 1 41 87 80 00 Germany, Spain, www.loxam.fr Belgium, Switzerland, Luxembourg, Denmark Includes Laho Equipement and DNE-JJ acquisitions Sydney, Australia Australia, UK, Construction 180 2314 +61 2 9701 3300 Indonesia equipment, tools www.coates.com.au Includes the National Hire rental business now jointly branded as Coates Hire Helsinki, Finland Fin, Sw, No, Den, Ru, Construction 310 3642 +358 20 750 200 Est, Lat, Lith, Pol, equipment, tools www.ramirent.com Hun, Ukr, Cz, Slov Newton-le-Willows, UK & Ireland Construction 530 5000 +44 0845 601 5129 UK equipment, tools www.speedyhire.co.uk Year to 31 March 2008. Includes Hewden Tool Hire business acquired mid-2007 Tokyo, Japan Japan Construction 322 2610 +81 3 6854 1413 equipment www.aktio.co.jp/en/ Vancouver, Canada Canada, UK, Chile, Construction 149 2760 +1 604 331 4900 Uruguay, Bolivia, equipment, tools www.finning.com Argentina Includes Hewden business in the UK (see also European top 50 for Hewden figures.) ¬ IRN JUNE 2008 IRN 0608 IRN100.indd 29 18/06/2008 15:25:05 IRN-100 30 Capital expenditure was also healthy in 2007, increasing over an already great year in 2006. The 25 largest spenders in 2007 invested €5.5 billion in new equipment in 2007, 8% more than in 2006. Rank Company 08 07 Turnover Head Office (€ million) 07/08 06/07 Areas of Operation Type of Rental Company 13 10 Nikken Corp 505 477 Tokyo, Japan Japan, USA Construction equipment192 2595 14 16 Cramo 496 402 Helsinki, Finland 2070 15 13 Nishio Rent All Co 488 458 Osaka, Japan 16 11 Home Depot Rentals 426 467 Atlanta, Georgia 17 22 Kanamoto Co 386 293 Sapporo, Japan 18 19 Select Plant Hire 358 334 Dartford, UK 19 39 GAM SA 340 186 Madrid, Spain 20 20 Emeco Holdings 316 313 Perth, Australia 21 18 NES Rentals 315 347 Chicago, IL, USA Finland, Sweden, Construction 268 Denmark, Norway, equipment, tools Estonia, Latvia, Lithuania, Russia, Poland, Czech Republic Japan, Malaysia, Construction 279 Thailand, Singapore, equipment Korea USA, Canada, Mexico Consruction 1211 equipment, tools Japan, China, Guam Construction 241 equipment UK, Ireland, Construction 13 Middle East, Australia equipment, tools, tower cranes Spain, Portugal, Construction 103 Romania, Bulgaria, equipment Poland Australia, Europe, Heavy construction 21 Canada, Indonesia, USA and mining equipment USA Construction 80 equipment 22 23 Liebherr-Mietpartner 309 290 Ludwigshafen, Germany 23 21 Mediaco Lifting 300 300 Marseille, France 24 - Komatsu BIG Rental Group 297 188 Yokohama, Japan 25 14 280 427 26 26 H&E Equipment Services HSS Hire 270 242 Baton Rouge, Louisiana, USA Manchester, UK 27 59 Ameco 262 125 (Est 1) Greenville, SC, USA MVS Zeppelin (all in the +20% league). Total revenues in our ERN -50 table (which considers revenues generated only in Europe by the continent’s top 50 companies) rose by 13% to €10 billion, which represents 42.5% of the total European rental market, as recently estimated by the European Rental Association (ERA). (It is encouraging to note the agreement with the ERA, who estimate that European rental revenues increased by 12% in 2007.) This reflects both the number of acquisitions they are making – five European companies have dropped out of the top 100 because they have been acquired Germany, France, Italy, Spain, Austria, Switzerland, UK France, North/West Africa, Worldwide Japan USA UK, Ireland, Sp, NL, It, Gr International Number of Depots Staff Construction equipment 149 Cranes, construction equipment 70 2296 Contact Details +81 3 5512 7311 www.rental.co.jp Owned by Mitsubishi Corp +358 10 661 12 www.cramo.com Netherlands business sold in April ‘07. +81 6 6241 0240 www.nishio-rent.co.jp 6000 +1 770 433 8211 www.homedepot.com 1473 +81 11 209 1631 www.kanamoto.co.jp 1300 +44 01322 296200 www.selectplanthire.com Majority of sales with owner, Laing O’Rourke 2400 +34 985 73 22 73 www.gamalquiler.com Includes Vilatel and Viasolo acquisitions. 900 +61 8 9420 0222 www.emecoequipment.com 1400 +1 800 NES RENT www.nesrentals.com Sold non-aerials businesses during year. 330 +49 6237 40060 www.liebherr.com 2000 +33 4 91 038191 www.mediaco.fr Construction 186 1568 +81 45 274 3337 equipment www.komatsu-rental.co.jp Comprises Komatsu Rental Japan and BIG Rental, which merged on 1 April 2008 Construction 63 1677 +1 225 298 5200 equipment www.he-equipment.com Construction 466 2500 +44 08457 282828 equipment, tool Hire www.hss.com Includes 56 rental franchise depots outside the UK. Construction 42 1802 +1 864 295 7800 equipment, tools www.ameco.com Owned by Fluor Corp ¬ TABLE 1 IRN-100 Revenues Top 5 Top 10 Top 50 Top 100 World Market (est) 2007 ‘Currency adjusted’ € 7.80bn € 11.50bn € 23.10bn € 28.20bn 2007 Revenues 2006 Revenues 2005 Revenues € 7.20bn € 10.80bn € 22.10bn € 26.90bn € 62bn € 7,2bn € 9,8bn € 20,0bn € 24,7bn € 50bn € 5,6bn € 8,0bn € 16,8 bn € 20,4bn € 45bn IRN JUNE 2008 IRN 0608 IRN100.indd 30 18/06/2008 15:25:21 Full page.indd 1 17/06/2008 16:21:11 Copy of Full page.indd 1 18/06/2008 12:54:32 33 28 31 Kiloutou Turnover Head Office (€ million) 07/08 06/07 255 217 Marcq en Baroeul, 253 France Tokyo, Japan Areas of Operation Type of Rental Company France Construction 214 2150 +33 359 56 55 39 equipment, tools www.kiloutou.fr Construction 216 +81 (0) 3 3830 8065 equipment www.hitachi-c-m.com Hitachi’s 8 rental operating companies merged into one as of 1 April 2008 Crane rental 15 1700 +31 10 204 24 24 www.mammoet.com Construction 65 1300 +91 392 02 09 equipment www.hune.com Cranes and 35 2900 +1 412 504 0200 aerial platforms www.maximcrane.com Construction 66 1150 +1 305 513 3350 equipment www.neffrental.com Construction 144 +81 3 5717 1121 equipment www.scm.co.jp Cat dealer in Japan has six rental companies. 29 26 REC (Hitachi) 30 29 31 84 Mammoet 240 (Est) Holding BV HUNE (formerly Euroloc) 234 76 Schiedam, Netherlands Madrid, Spain 32 25 Maxim Crane 231 250 (Est) Bridgeville, PA, USA USA 33 32 Neff Corp 223 209 Miami, FL, USA USA 34 NEW Shin Caterpillar Mitsubishi 221 218 Tokyo, Japan Japan 242 220 (Est) – and the vast amounts of capital expenditure on expanding their fleets. Overall, rental revenues at the top 100 companies rose by 9%. Big currency swings make comparisons with the 2006 figures difficult, with both the UK pound and the US dollar losing 10% of their value against the euro between December 2006 and December 2007. ‘Corrected’ for these price fluctuations, and actual revenues grew by 14% to €28.2 billion (see Table 1). (This currency question needs to be kept in mind when you look at the results for the US and UK companies on the list – revenues may have risen slightly in a company’s own currency, even if they show a fall in terms of euros.) Japan Worldwide Spain Number of Depots Staff Contact Details IRN-100 Rank Company 08 07 ¬ TABLE 2 IRN-100: Drop outs Hewden Laho Equipement Big Rental Co GE Equipment Services Modular Space UMESA Nagawa Vilatel National Hire SGB DNE-JJ Included in entry for Finning International Bought by Loxam Now part of Komatsu BIG Rental Bought by Algeco Bought by HUNE Incorrectly included last year Bought by GAM Now included in Coates Hire figures. Insufficiant information to include. Bought by Loxam Enterprise Software for Rental Any more integrated and we’d be part of the equipment. A solid rental operation is all about availability, reliability and outstanding customer service. The Lawson rental solution gives you the tools and visibility you need to manage every aspect of your rental business. Fully integrated with supply chain management, financial management and service management, it will enable you to effectively manage the flow of your entire rental fleet. ¬ With a more complete overview, you can better manage complex rental contracts to provide a foundation for developing long-term partnerships with valued customers. You’ll have greater ability to maximize profitability through additional sales volumes, increased market penetration and margin enhancement. To find out why major players in your industry such as Hewden, Aggreko, Haulotte Group, Briggs Equipment and Manitou are turning to Lawson, visit www.lawson.com/rental. “We chose Lawson because they demonstrated very early on in the selection process that they understood our industry and the unique challenges that we face.” Tom Armstrong,CIO, Aggreko Lawson – Simpler Is Better IRN JUNE 2008 IRN 0608 IRN100.indd 33 18/06/2008 15:25:30 IRN-100 34 Rank Company 08 07 Turnover Head Office (€ million) 07/08 06/07 218 192 Las Vegas, Areas of Operation 35 35 Ahern Rentals 36 28 Atlas Copco 215 (Est) Specialty Rental Div. 235 (Est) =37 34 HKL Baumaschinen 207 195 =37 44 MVS Zeppelin GmbH & Co. KG 207 169 =39 54 Classic Party Rentals 205 136 Los Angeles, CA, USA USA =39 33 Taiyo Kenki Rental 205 206 Shizuoka, Japan Japan VP PLC 202 170 Harrogate, UK =42 NEW Sarens 200 UK, Ireland, Germany, UAE, S America, Singapore Wolvertem, Belgium Worldwide =42 46 Adco 200 >160 Ratingen, Germany Europe, USA, Southeast Asia UK, Germany, France, Belgium, Spain, UAE, Bahrain, Qatar, Saudi Arabia, Kuwait USA, Canada, UK, Netherlands USA, Canada 41 42 USA Nevada, USA Aartselaar, Belgium Worldwide Hamburg, Germany Germany, Poland, Spain Garching (Munich), Germany Germany 44 41 Lavendon Group plc 197 185 Lutterworth, Leicestershire, UK 45 37 Mobile Mini Inc 196 187 Tempe, AZ, USA 46 38 All Erection & Crane Rental Corp 195 (Est) 187 (Est) Cleveland, Ohio Type of Rental Company Construction equipment Compressors and generators Number of Depots Staff 43 Contact Details 1560 +1 702 362 0623 www.ahern.com 50 +32 3 870 21 11 www.atlascopco.com Divested parts of ABIRD and Guimera during 2007. Construction 130 1100 +49 40 538 020 equipment www.hkl-baumaschinen.de Construction 110 620 +49 89 32 000 220 equipment, tools, www.mvs-zeppelin.de party/events, others Cat Rental Store Party/events 36 3000 +1 310 966 4900 www.classicpartyrentals.com Made over 10 acquisitions during 2007. Construction 94 1033 +81 542 843 111 equipment www.taiyokenki.co.jp Owned by Sumitomo Corp Construction 130 1600 +44 01423 533 445 equipment, tools www.vpplc.co.uk Year to 31 March 2008. Cranes 50 1275 +32 52 319 319 www.sarens.com Portable toilets 220 1900 +49 2102 8520 www.adco.de Rents toilets under Dixi and Toi Toi brands. Aerial platforms 129 1800 +44 1455 558874 www.lavendongroup.com Acquired DK Rentals in late 2007 and The Platform Co in early ‘08. Portable storage 66 2095 +1 480 894 6311 & accommodation www.mobilemini.com Crane rental 27 +1 216 524 6550 www.allcrane.com ¬ Pumps for results BBA Pumps produces a full range of quality pumps. Pumps with state of the art design, developed from a rental perspective. This offers you the lowest cost of ownership and optimal versatility for best rental results. BBA Pumps, pumps for results! Tel. +31 (0) 314 36 84 36 www.bbapumps.com PUMPS IRN 0608 IRN100.indd 34 18/06/2008 15:25:48 Site Lighting across the world NEW Ask for a FREE copy of the Lighting range CD Superlight Towers can be built to suit your individual specifications NEW FOX FOX FOXLIGHT RE GI info@towerlight.net www.towerlight.net D Unit 3 Aberafan Road, Baglan Industrial Park, Port Talbot SA12 7DJ. Tel: + 44 (0) 1639 777026 Fax: + 44 (0) 1639 777027 STER E ISO 9001:2000 FS 72605 Global Specialists in Mobile Lighting Full page.indd 1 19/06/2008 11:27:00 IRN-100 36 Pon Equipment makes its first entry into the list, although the figures are very much an estimate. Pon operates a number of rental businesses in Europe – Milcon, Gunco and Rental Force in the Netherlands, and Cat Rental Stores in three Scandinavian countries – and also the US, such as Equipment Depot, Portman Equipment and LeveeLift. Rank Company 08 07 Turnover Head Office (€ million) 07/08 06/07 Areas of Operation 47 29 Volvo Rents 184 159 Asheville, NC, USA 48 47 Grupo Eurogruas 182 160 Seville, Spain 49 50 Boom Logistics 181 151 50 45 Carrier Rental Systems 170 (Est) 163 (Est) Melbourne, Australia Leatherhead, Surrey, UK 51 39 169 186 Phoenix, AZ, USA 52 49 Sunstate Equipment Co Foselev USA, Canada, Mexico, Construction 148 Spain, Italy, Germany, equipment Portugal, Poland, Austria Spain, Morocco, Cranes, aerial 25 Portugal, France, platforms, transport Ethiopia Australia Cranes, 53 aerial platforms UK, USA, Germany, Cooling equipment, >50 France, Holland, pumps, generators, Poland, Singapore party/events USA Construction equipment50 168 152 53 51 MCC Plant Hire 160 150 Aix-en-Provence, France Johannesburg, South Africa 54 62 Boels Verhuur 153 120 55 64 140 119 56 NEW Hydrex Equipment UK Ltd Pon Equipment 57 55 Brandon Hire 135 135 (Est) 58 57 ModSpace 135 (Est) 130 (Est) 59 59 Mobile Storage Group Inc 132 125 (Est) 60 66 Riwal 130 110 61 57 Portakabin 130 (Est) 130 140 (Est) TABLE 3 IRN-100 Regional Trends Continent Europe N America Japan Australia Africa 2007 2006 2005 56 26 13 4 1 55 27 12 5 1 56 33 5 5 1 Type of Rental Company France Number of Depots Staff - 1386 1200 >450 1067 Contact Details +1 828 650 2000 www.volvorents.com Revenues for North America only +34 955 630 112 www.eurogruas.com +61 3 9864 0200 www.boomlogistics.com.au +44 (0)1372 220169 www.corp.carrier.com +1 602 275 0601 www.sunstateequip.com +33 4 42 24 57 57 www.foselev.com +27 11 310 2332 www.mccgroup.co.za Owned by Imperial Holdings Ltd +31 046 459 2159 www.boels.com Cranes, portable 54 1400 accommodation South Africa, Zimb, Heavy construction 2700 Moz, Zambia, DRC, Nam, plant and equipment Bots, Lesotho, Swaz Sittard, Netherlands, Belgium, Construction 185 1350 Netherlands Germany, Lux, Czech, equipment, tools, Austria party/events Bristol, UK UK & Ireland Construction 16 1000 +44 01275 399 400 equipment www.hydrex.co.uk Nijkerk, US, NL, Nor, Swe, Den Construction +31 (0)33 247 52 11 Netherlands equipment, aerial www.pon.nl platforms, forklift trucks In US, business includes Equipment Depot, Portman Equipment & LeveeLift. In Europe, Gunco, Milcon & Rental Force Bristol, UK UK Tool hire 270 1650 +44 (0)1179 719 119 www.brandonhire.co.uk Owned by Wolseley Group. Berwyn, PA, USA USA, Canada Portable 78 +1 484 254 0100 accomodation www.modspace.com Burbank, USA, UK Accommodation/ 87 990 +1 818 253 3291 California, USA portable storage www.mobilestorage.com Currently being acquired by Mobile Mini Dordrecht, Europe, Middle East, Aerial platforms, 23 500 +31 78 618 1888 Netherlands Kazakhstan power www.riwal.com Has just acquired 70% share of Grupo Clem in Spain. York, UK UK, Germany, Accommodation 80 +44 01904 611655 Netherlands, Belgium, rental, events www.portakabin.co.uk France ¬ Revenues at the top five reflect the absence of any mega-mergers among the top four, with corrected total rental revenues growing 8%. The rapid growth of the biggest European renters, together with the effects of the Algeco-Williams Scotsman acquisition (Algeco Scotsman is now ranked number 5), means that top 10 revenues grew at double the rate at 17%. Capital expenditure was also healthy in 2007, increasing over an already great year in 2006. The 25 largest spenders in 2007 invested €5.5 billion in new equipment in 2007, 8% more than in 2006. Correct that for currency fluctuations, and the ‘real’ IRN JUNE 2008 IRN 0608 IRN100.indd 36 18/06/2008 15:26:01 A product range that reaches every stage of your business ARTICULATING BOOMS VERTICAL MASTS TELESCOPIC BOOMS SCISSOR LIFTS PUSH AROUND TRAILERS TRUCK MOUNTED PLATFORMS TELESCOPIC HANDLERS MULTIJOB MJX Choosing Haulotte makes you benefit from a guaranteed after-sales service. More than 95.000 spare parts shipped within 24 hours all over the world* Training Technical support * AAccording ccor di ng to t o stocks st ocks availability av ailability w w w. h a u l o t t e . c o m Experience in innovation Haulotte Group - La Péronnière - BP 9 - 42152 l’Horme - France • Tél : +33 (0)4 77 29 24 24 - Fax : +33 (0)4 77 29 43 95 - email : haulotte@haulotte.com - web : www.haulotte.com Full page.indd 1 17/06/2008 16:22:35 5045"/%5)& - Nantes - 080173 - 06/2008 - Illustration : Stéphane Privat 5&450'5*.& MANITOU building range : to stand the test of time. Manitou – the world leader in rough-terrain fork-lifts – offers you more than 50 models of excellence. Our spirit of innovation and our demand for quality, acknowledged since 1957, are your guarantee of ultra-reliable machines. All our services on www.manitou.com Full page.indd 1 17/06/2008 16:24:12 39 Turnover Head Office (€ million) 07/08 06/07 128 Helsinki, Finland Areas of Operation Type of Rental Company Finland, Swe, Rus, Ukr, Baltic States Ger, Aus, Po, Rus, Dk, Ukr, Sw, Bul, Rom Aerial platforms and cranes Construction equipment 40 Construction equipment, tools Cranes 58 62 NEW Pekkaniska Group 63 79 Streif Baulogistik GmbH 125 85 Essen, Germany 64 66 GAP Group Ltd 120 110 Glasgow, UK UK =65 56 Ainscough Crane Hire Ltd 119 133 Wigan, UK UK =65 43 Fastline Ltd 119 170 (Est) Doncaster, UK UK increase is nearer 12%. It can be said with some certainty that next year’s survey will not see the same increase. There are 12 companies that were not in last year’s list. The largest of these is Shin Caterpillar Mitsubishi – ranked 34. This is a Caterpillar dealer in Japan that operates six rental companies in the country. Two European crane companies also make the list – Sarens and Pekkaniska. The latter is also heavily into aerial platform rentals and is growing rapidly in eastern European markets from its Finnish base. Pon Equipment makes its first entry into the list, although the figures are very much an estimate. Pon operates a number of rental businesses in Europe – Milcon, Gunco and Rental Force in the Netherlands, and Cat Rental Stores in three Scandinavian countries – and also the US, such as Equipment Number of Depots Staff 45 26 Contact Details 400 +358 10 6622 000 www.pekkaniska.com 800 +46 201 824 7700 www.streif-baulogistik.de Owned by Hochtief Construction 878 +44 141 225 4600 www.gap-group.co.uk 950 +44 1257 473 423 www.ainscough.co.uk Sold by Ainscough family to MBO in October 2007. 810 +44 01302 303555 www.fastline-group.com IRN-100 Rank Company 08 07 Construction 24 equipment, tools, railways plant Subsidiary of Jarvis PLC. Rents equipment to UK’s rail industry. TABLE 4 Top 10 ‘Global’ Players Company 1 Ashtead Group 2 Hertz Equipment Rental Corp 3 Algeco Scotsman 4 Aggreko 5 Coates Hire Ltd 6 Finning International (inc Hewden) 7 Select Plant Hire 8 Emeco Holdings 9 Ameco 10 Mammoet Holding BV Turnover (€ million) 2007 2006 1522 1055 1000 937 678 542 358 316 262 240 (Est) 1612 1109 260 802 466 580 334 313 125 (Est) 220 (Est) Note: ‘Global’ defined as companies with rental activities in more than one continent. ¬ A legacy of helping to build the world isn’t something you walk away from Over the last 136 years, our reliable construction equipment has been a mainstay on all kinds of job sites across the world. While they may not be as well known as Viaduct de Millau, you can still count on us to perform wherever, whenever you need us... whether it’s today, tomorrow, or for the next 136 years. D OOSAN I NFR ACORE P ORTABLE P OWER EMEA Drève Richelle 167 - B-1410 Waterloo, Belgium - T : +32 (0) 2 371 69 64 - E : portablepower_emea@dii.doosan.com IRN JUNE 2008 IRN 0608 IRN100.indd 39 18/06/2008 15:26:11 IRN-100 40 US readers may be surprised to see Wacker in the top 100. The manufacturer has a sizeable rental operation in Germany and eastern Europe. It has a clear strategy of not competing with its big rental customers in western Europe. Rank Company 08 07 Turnover Head Office (€ million) 07/08 06/07 Areas of Operation Type of Rental Company 67 65 Lambertsson Sverige AB 111 111 Förslöv, Sweden Sweden Construction equipment 23 490 68 70 AmQuip 106 100 (Est) 10 500 53 Ring Power 105 (Est1) 138 (Est 1) USA,Canada, Mexico, Puerto Rico USA Cranes 69 Philadelphia, PA, USA St Augustine, FL, USA Construction equipment 14 70 71 Construction equipment, tools 114 370 78 MunchenFeldkirchen, Germany Milano, Italy Germany, Austria, Hungary 71 Theisen 104 Baumaschinen Mietpark GmbH Compagnia Generale 97 Trattori (CGT) Italy Construction equipment 50 178 72 88 98 88 Red-D-Arc Welderentals 96 69 Grimsby, Ontario, Canada =73 71 Rent Corp 92 98 Japan =73 74 Battlefield Equipment Rentals 92 94 Stoney Creek, Ontario, Canada =73 74 Kyosei-Rentemu 92 94 Japan 76 76 McGrath Rentcorp 91 92 Livermore, California, USA 77 68 Briggs Equipment 91 (Est1) 106 (Est 1) Dallas, TX, USA 78 81 88 78 79 80 Peinemann Holding B.V. Kennards Hire 85 (Est) 81 Rotterdam, Netherlands Sydney, Australia 80 86 =81 81 Prangl 81 Gesellschaft M.B.H. Bergerat 80 Monnoyeur Location 72 78 TABLE 5 IRN-100 Rental Specialists Generalists Specialists Cranes & Access Accommodation storage Power/temp control Events only Welding Mining/heavy equipment 64 36 19 6 5 4 1 1 Brunn/Gebirge, Austria Paris, France Number of Depots Staff Contact Details +46 431 89000 www.lambertsson.com Owned by PEAB AB +1 215 639 9200 www.amquip.com +1 904 737 7730 www.ringpower.com Cat Rental Store + 44 089 857 98 122 www.theisen.de +39 02 274 271 www.cgt.it Cat dealer +1 905 643 4212 www.red-d-arc.com Owned by Airgas Inc Japan Construction 42 +81 54 238 7000 equipment www.rent.co.jp Owned by Sojitsu Corp Canada Construction 35 630 +1 905 643 9410 equipment www.battlefieldequipment.ca Owned by Toromont Industries Japan Construction 90 391 +81 155 33 1380 equipment www.kyosei-rentemu.co.jp USA, Canada Portable 4 333 +1 925 606 9200 accommodation www.mgrc.com Figures for Mobile Modular Management Corp (MMMC) division Canada and USA Construction 41 +1000 + 1 214 630 0808 equipment www.briggsequipment.com Netherlands Cranes, 9 500 +31 10 295 5000 aerial platforms www.peinemann.nl Australia Construction 100 600 +61 2 97476788 equipment, tools www.kennards.com.au Europe Cranes, 11 568 +43 2236 326 350 aerial platforms www.prangl.at France, Belgium Construction 105 490 +33 1 49 22 60 30 equipment www.bm-loc.fr Cat Rental Store. Revenue figure excludes acquisitions of Relmat and Cheraki in early ‘08. USA, Canada, Mexico Welding/positioning equipment Depot, Portman Equipment and LeveeLift. At the bottom of the list, consolidation elsewhere means that several mid-sized Europeans enter or re-enter the list, including Venpa 3, Locarest, Acces Industrie, Mateco, Salti and Regis Location, the latter being one of the largest regional rental companies in France. There are some other significant points that readers should note. Lavendon’s acquisitions of DK Rental and The Platform Company are not reflected in its figures for 2007; likewise, the proposed acquisition of Mobile Storage Group by Mobile Mini has not been included in the survey (combined, they would be ranked around number 20. The increase in Kanamoto’s figures reflect the 30 - ¬ IRN JUNE 2008 IRN 0608 IRN100.indd 40 18/06/2008 15:26:21 PROVEN MULTI-LINGUAL, MULTI-CURRENCY RENTAL SOLUTIONS can work on slopes, equipped with hydraulic intake for the demolition hammer and other hydraulic tools. It can make circular excavations, with diesel Kubota motor, it functions hydraulically. Technical specifications The only trencher in Europe that is articulated, that total weight of the machine lenght with angledozer width with twin wheels height during work during transport digging speed from travel speed gradeability max digging width max digging depth breakout force turning space Kg 850 cm 211 cm 224 cm 76 cm 100 cm 115 cm 166 mt/h 10 to 250 Km/h 4 45% - 20,25° cm 20 cm 70 Kg 450 mt 3,4 For a rental software solution that delivers… look no further than MCS-rm. This multi-lingual, multi-currency software helps rental companies throughout the world to become more profitable, flexible and responsive. Developed specifically to satisfy a rental business needs, MCS-rm incorporates: • Efficient contract processing • Fast searching and presentation of data • Powerful reporting • Integrated sales and marketing tools • ‘Up to the minute’ distribution of data company wide • Intranet and Extranet capabilities • Mobile PDA intelligence To find out more about how MCS-rm can help your rental organisation, contact MCS on +44 (0) 1628 828000 or email moreinfo@mcs.co.uk MCS Ltd Ashwood, Grove Business Park, White Waltham, Berkshire SL6 3LW Tel: +44 (0)1628 828000 e: moreinfo@mcs.co.uk w: www.mcs.co.uk PATENTED The first completely electri- electrical means with battery cal tracked multi-functional Technical 780 1200 transporter that can even ac- specifications autonomy hours 4 4 company you at the sea. In complete respect of the environment it can go through difficult ways, high slopes and narrow spaces. It can go over stairs - nonpolluting - noiseless - functioning in closed spaces - largely used in building, agriculture, beekeeping, on the seashore, in industrial maintenance etc. weight Kg lenght cm width cm height cm travel speed Km/h max loading capacity Kg batteries group 24V partial charge H 400 158 78 110 1,5/3 300 200 AH 3 540 160 84 120 1,5/3 450 210 AH 3 on board battery charger 220V gradeability 76% - 37° max. height of the step 18 cm GEMMO GROUP s.r.l. Sede Legale/Commerciale: Via Broli, 66/A Stabilimento Produttivo: Via della Tecnica, 10 36025 NOVENTA VICENTINA (VI) - ITALY Tel. 0039.04.44.88.71.41 Fax 0039.04.44.76.06.69 e-mail: info@gemmogroup.it w w w . g e m m o g r o u p . i t 041IRN.indd 1 18/06/2008 12:24:01 DPS.indd 2 18/06/2008 11:36:31 DPS.indd 3 18/06/2008 11:36:54 Your time Our commitment Working Tools Atlas Copco working tools are much more than just pieces of steel. Because we manufacture both machines and tools, we´ve been able to perfect dimensions, material properties and tip geometry. The result is greater and higher productivity. At Atlas Copco, we take your time seriously. Atlas Copco Construction Tools www.atlascopco.com/cto Copy of Full page.indd 1 18/06/2008 11:28:11 45 IRN-100 Rank Company 08 07 Turnover Head Office (€ million) 07/08 06/07 Areas of Operation Type of Rental Company =81 81 80 78 Japan Japan =81 94 New Japan Machinery Corp De Boer Structures 80 65 (Est) Alkmaar, Netherlands Construction equipment Party/events, marquees 84 Arcomet 75 95 Paal, Belgium Netherlands, UK, Germany, Belgium, Switzerland, Austria, France, Spain, Sweden, Ireland, Russia, USA Worldwide Tower cranes =85 90 Utleiecompagniet AS (UCO) 73 67 Oslo, Norway Norway =85 88 Energyst BV 73 69 Breda, Netherlands NL, B, Fr, UK, De, No, Swe, Gr, Sp, Ire 73 87 92 Holt Cat Rental 71 (Est1) 66 San Antonio, Texas USA 88 87 70 (Est) 70 (Est) Ramsgate, UK Worldwide 89 NEW Cummins Power Rent Gruppo Venpa 3 69 50 Venice, Italy 90 91 67 (Est) 67 (Est) Bristol, UK 91 99 60 (Est) 56 Munich, Germany Europe 92 95 GE Equipment Services Plant Hire Schmidbauer GmbH & Co. KG Andrews Sykes Italy, south eastern Europe UK 59 64 Wolverhampton, UK UK, Netherlands, Belgium, USA, UAE Number of Depots Staff 29 - 12 360 28 450 Contact Details +81 45 473 4011 www.njm.co.jp +31 72 540 0444 www.deboer.com +32 11 450 950 www.arcomet.com Construction 16 205 +47 40 00 64 50 equipment, tools, cranes www.uco.no Owned by Skanska Norge Power, 21 261 +31 76 54 38 500 temperature control www.energyst.com Owned by Cat dealers Construction 12 114 +1 210 648 1111 equipment www.holtcat.com Cat Rental Store Power rental +44 1843 255905 www.cumminspowerrent.com Aerial platforms, 36 400 +39 041 412788 construction equipment www.gruppovenpa3.it Construction 25 350 +44 117 952 8600 equipment www.geplanthire.com Cranes 20 610 +49 89 898676 0 www.schmidbauer-gruppe.de Construction rental, 36 500 +44 (0)1902 328 700 pumps, temperature www.andrews-sykes.com control Opened depots in Florida, US and Belgium during 2007. NOTES 1) Rankings are based on rental revenues for 2007 (or the most recent financial year) and include sales of used fleet and consumables/ contractor supplies. Where known, sales of new equipment have been excluded from the survey. 2) Figures denoted (Est) have been estimated by IRN. Figures denoted (Est1) are taken from the annual RER-100 survey produced by USmagazine RER, with thanks. 3) All revenues have been converted into € using exchange rates as at 31/12/07, as follows (exchange rates used in last year’s survey are given in brackets): €1.00 = US$1.46 ($1.32 in 2006) = £0.74 (0.67) = A$1.66 (1.67) = C$1.44 (1.53) = Y163 (157) = SA Rand10.0 (9.3) = SKr9.43 (9.04) = DKr7.46 (7.46) TABLE 6 +20% Growth league % growth 1 Williams Scotsman (Algeco Scotsman) 284 2 HUNE (formerly Euroloc) 208 3 GAM SA 83 4 Komatsu BIG Rental Group 58 5 Classic Party Rentals 51 6 Streif Baulogistik 47 7 Coates Hire Ltd 46 8 Loxam 38 9 Gruppo Venpa 3 38 10 Ramirent 27 11 Boels Verhuur 27 12 Speedy Hire Plc 26 13 Wacker Construction Equipment 25 14 Acces Industrie 24 15 Cramo 23 16 MVS Zeppelin GmbH & Co. KG 22 Reason Algeco-Williams Scotsman merger Acquisitions/organic growth Acquisitions/organic Komatsu Rentals/BIG Rental merger Acquisitions Expansion into eastern Europe. Coates/National Hire merger Acquisitions/organic Addition of earthmoving/organic Acquisitions/organic Acquisitions/organic Acquisitions/organic Organic growth Organic growth Acquisitions/organic Organic growth IRN JUNE 2008 IRN 0608 IRN100.indd 45 18/06/2008 15:26:29 IRN-100 46 Rank Company 08 07 Turnover Head Office (€ million) 07/08 06/07 93 NEW Locarest 58 94 NEW Acces Industrie 57 =95 NEW Mateco =95 NEW Salti 97 NEW 98 Areas of Operation Type of Rental Company Strasbourg, France France 46 Construction rental Tonneins, France 64 420 32 334 56 France, Spain, Portugal Aerial platforms, telehandlers Stuttgart, Germany Europe Aerial platforms 25 373 56 Lille, France France Construction rental 17 300 Sw, NL, Ger, Aus, Po, Cz Europe Construction rental 90 - Party and events - - Construction equipment Construction equipment 16 330 85 470 44 Munich, Germany NEW Wacker Construction 55 Equipment GL Events 55 (Est) 51 Paris, France 99 100 Skanska Maskin 54 55 Stockholm, Sweden Sweden 100 NEW Regis Location 53 47 Sotteville les Rouen France TABLE 7 IRN-100 Capital Expenditure Trend Top 25 Other 75 Top 100 Number of Depots Staff 2007 €5,5 billion €1,5bn (est) €7,0bn 2006 €5,1bn €1,5bn (est) €6,6bn 2005 €4,5bn €1,0bn €5,5bn Contact Details +33 3 88 39 84 84 www.locarest.com +33 (0)5 53 88 27 98 www.acces-industrie.fr +49 (0)711 95556 30 www.mateco.de +33 3 20 92 92 92 www.groupesalti.fr +49 89 354 020 www.wackerneuson.com +33 (0)1 44 315 315 www.gl-events.com +46 850 435 000 www.skanska.se/maskin +33 2 35 63 1010 www.regis-location.fr inclusion this year of rental divisions not counted in 2006; we have combined Kanamoto and BIG Rental Co (the merger was made official in April this year); and we are now treating Finning International as a single rental group, including revenues from its Hewden business in the UK. Hewden is listed as a separate entity in the ERN-50 listing of the top 50 European rental companies. What else is there of note? US readers may be surprised to see Wacker in the top 100. The manufacturer has a sizeable rental operation in Germany and eastern Europe. It has a clear strategy of not competing with its big rental customers in western Europe, and will continue to expand in new ¬ IRN JUNE 2008 IRN 0608 IRN100.indd 46 18/06/2008 15:26:48 W 35 Topic W 35 Topic – the pearl among water-cooled engines Aerial platforms + IPAF trained operators = W35 Topic, the smallest, most compact and most economical liquid-cooled engine in the world is the ideal and most cost effective engine solution! Ask your Hatz dealer for further information or visit us on the web at: www.hatz-diesel.com IN EVERY CASE THE BETTER CHOICE MOTORENFABRIK HATZ · D-94095 RUHSTORF a.d. 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IPAF-Basel Tel: +41 (0)61 225 4407 basel@ipaf.org IPAF-France Tél: +33 (0)1 30 99 16 68 france@ipaf.org IPAF-Benelux Tel: +31 (0)6 3042 1042 benelux@ipaf.org IPAF-Italia Tel: +39 02 93581873 italia@ipaf.org IPAF-Deutschland Tel: +49 (0)421 6260 310 deutschland@ipaf.org IPAF-España Tel: +34 956 297 406 espana@ipaf.org AWPT Inc-USA Tel: +1 518-280-2486 mail@awpt.org IPAF training is certified by TÜV as conforming with ISO 18878 The world authority in powered access Peter Berghaus GmbH Phone +49 2207 96770 · Fax +49 2207 967780 Herrenhoehe 6 · 51515 Kuerten · Germany www.berghaus-verkehrstechnik.de www.ipaf.org 047IRN.indd 1 18/06/2008 12:24:53 The more we protect our environment, the closer we live to nature. BLEU CAPRICORNE / Photos : GETTY IMAGES KUBOTA Super Mini-series KUBOTA 05-series For Kubota, the world's leading Japanese engine maker, the reduction of exhaust pollution has always been at the heart of its innovation and development strategy. All Kubota products – including tractors, ride on mowers and mini excavators – are fitted with this advanced technology. Many manufacturers KUBOTA 03-M series KUBOTA 07-series have also adopted this eco-friendly approach in a wide diversity of industries: pleasure boats, microcars, refrigeration units, generators, handling equipment… Recognized worldwide, the innovative features of Kubota industrial engines are geared to manufacturers who, while seeking performance K U B O T A E U R O P E - 1 9 à 2 5 , r u e J u l e s V e r c r u y s s e - Z o n e i n d u s t r i e l l e - B . P. 5 0 0 8 8 95101 Argenteuil Cedex - France - Tél.: 01 34 26 34 34 - Fax : 01 34 26 34 66 KUBOTA V3-series and reliability, put environmental issues at the forefront of their business philosophy. w w w . k u b o t a . f r AFEC Pumps, a complete line of high quality submersible pumps g We are lookin ve ti ta for represen dealers in Europe pe.com info@afeceuro “Best return on investment” 048IRN.indd 1 AFEC Pumps Europe BV Edisonstraat 12A 7006 RD Doetinchem The Netherlands Tel +31 (0) 314 625 125 Fax +31 (0) 314 625 306 info@afeceurope.com www.afeceurope.com 18/06/2008 10:55:43 49 IRN-100 ERN-50 European rental revenues (2007) Rank 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 € million 747 634 629 496 440 358 340 309 300 270 269 255 234 227 207 207 202 200 199 197 182 180 (Est) 160 (Est) 168 153 140 135 130 Company Loxam Ramirent Speedy Hire Plc Cramo Algeco Scotsman Select Plant Hire GAM SA Liebherr-Mietpartner Mediaco Lifting HSS Hire A-Plant Kiloutou HUNE (formerly Euroloc) Aggreko HKL Baumaschinen MVS Zeppelin GmbH & Co. KG VP PLC Sarens Hewden Lavendon Group plc Grupo Eurogruas Mammoet Holding BV Adco Foselev Boels Verhuur Hydrex Equipment UK Ltd Brandon Hire Riwal ¬ ‘TOUGH TOOLS FOR TOUGH JOBS’ For all your surface preparation equipment needs... SCARIFYING POLISHING GRINDING SCABBLING ...new diamond techniques Manufactured in the UK, sold Worldwide www.trelawnyspt.com UK Head Office Tel: +44 (0)1926 883781 Fax: +44 (0)1926 450354 e-mail: sales@trelawny.co.uk IRN JUNE 2008 IRN 0608 IRN100.indd 49 18/06/2008 15:27:07 Full page.indd 1 18/06/2008 12:24:59 51 ERN-50 continued IRN-100 Top 25 Investors 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 Company Capital Expenditure (€ million) 2007 1 United Rentals 596 2 Ashtead Group 480 3 RSC Equipment Rental 397 4 Hertz Equipment Rental Corp 393 5 Algeco Scotsman 307 6 Volvo Rents 294 7 GAM SA 252 8 Aggreko 232 9 Loxam 245 10 Ramirent 218 11 Komatsu BIG Rental 185 12 Coates Hire Ltd 178 13 Cramo 177 14 H&E Equipment Services 160 15 Liebherr-Mietpartner 160 16 Ahern Rentals 148 17 Emeco Holdings 146 18 Speedy Hire Plc 140 19 Hewden 129 20 HUNE (Euroloc) 123 21 Aktio Corp 123 22 Nishio Rent All Co 122 23 Ameco 122 24 MVS Zeppelin GmbH & Co. KG 115 25 Nikken Corp 100 TOTAL €5.5 billion Top 25 Investors (2006) €5.1 billion 130 (Est) 128 125 120 119 119 111.3 104 97 90 (Est) 88 81.2 80 80 80 (Est) 75 73 73 70 (Est) 69 67 (Est) 60 (Est) €10 billion Portakabin Pekkaniska Group Streif Baulogistik GmbH GAP Group Ltd Ainscough Crane Hire Ltd Fastline Ltd Lambertsson Sverige AB Theisen Baumaschinen Mietpark gmbH Compagnia Generale Trattori (CGT) Atlas Copco Specialty Rental Div. Peinemann Holding B.V. Prangl Gesellschaft M.B.H. Bergerat Monnoyeur Location De Boer Structures Carrier Rental Systems Arcomet Utleiecompagniet AS (UCO) Energyst BV Cummins Power Rent Gruppo Venpa 3 GE Equipment Services Plant Hire Schmidbauer GmbH & Co. KG TOTAL rental markets in the east. The survey also reveals the importance of these 100 companies, representing something like 45% of the total global market. Even so, that still represents a highly fragmented industry. This year’s survey is interesting for what it reveals about the growth of Europe’s rental business. In the coming years we can anticipate some really dramatic moves at the top as the big players – particularly in the US – start to buy each other. Until then, Europe IRN is where the action is. IRN-100 TABLE 8 THANK YOU IRN would like to thank all those companies and individuals who contributed information to the survey. If you think you have comments on the list, or would like to be included next year, please contact the editor. Tel: +44 (0)1505 850 043; E-mail: Murray.Pollok@khl.com Sand Blasting Roto-Jet Built to Last... ...Built For Rental Contact: Pieter Jansen +44 7917 73 42 29 pieter@powerwashers.co.uk Mobile Head Office +44 1984 62 45 00 sales@powerwashers.co.uk Brendon Powerwashers, Station Road Industrial Estate, Wiveliscombe, Somerset, TA4 2LX, UK Hose Reel IRN JUNE 2008 IRN 0608 IRN100.indd 51 18/06/2008 15:27:19 KHL OFFICES United Kingdom KHL Group LLP (Head Office) Southfields, Southview Road, Wadhurst, East Sussex TN5 6TP. Tel: +44 (0)1892 784088 Fax: +44 (0)1892 784086 e-mail: mail@khl.com www.khl.com USA KHL Group USA LLC 27992 N 115th Place, Scottsdale, AZ 85262, USA. Tel: +1 480 659 0578 Fax: +1 480 659 0678 e-mail: trevor.pease@khl.com CHINA KHL Group China Room 768, Poly Plaza, No.14, South Dong Zhi Men Street, Dong Cheng District, Beijing, P.R. China. Tel: +86 10 6553 6676 Fax: +86 10 6553 6690 e-mail: cathy.yao@khl.com www.khl.com