Plant & Equipment, the leading MENA marketplace for construction equipment, has announced the purchase of Global Equipment Trading, which is based in the Jebel Ali Free Zone of Dubai, United Arab Emirates.
As a leading online auction and advertising platform in the Middle East, Global Equipment Trading’s integration into the Plant & Equipment family is in line with the company’s ambitious growth strategy for the GCC and wider MENA region. Heavy equipment can be transported to and from Jebel Ali Port, a crucial hub for regional trade and commerce, thanks to Global Equipment Trading’s exclusive 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-person. Plant & Equipment is moving closer to being a one-stop shop for all things construction equipment with the acquisition of Global Equipment Trading.
PlantAndEquipment.com sellers now have more options and increased flexibility 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. P&E Auctions concentrates on building up consignments and marketing heavy machinery to purchasers in the Levant, Africa, Asia, and the Gulf.
Plant & Equipment’s position in the market will be further strengthened by the acquisition, which will be supported by industry-leading equipment verification, inspection reports, and payment security measures. This makes sure that the process of purchasing and selling trucks and heavy machinery is safe and easy for both parties.
Plant & Equipment introduced P&E Auctions in May 2023 to facilitate the sale of heavy machinery and equipment through the online platform of PlantAndEquipment.com. A large selection of heavy equipment from several categories, such as construction, logistics, agriculture, and mining, is available in PlantAndEquipment.com’s live auctions. The P&E Auctions staff inspects and verifies each auction lot to make sure it satisfies strict requirements for dependability and quality.
Plot Number S10516, which is close to Gate 5 of the Jebel Ali Free Zone (JAFZA), is where prospective buyers can easily register or view consigned machines in person through Plant & Equipment. Alternatively, buyers can visit PlantAndEquipment.com/auction to peruse and place a bid on inspected machines.
Plant & Equipment is excited about the collaborative opportunities this acquisition will present to further establish the company as a leading innovator in the construction equipment industry.
