Al-Futtaim has announced the launch of Al-Futtaim Automotive Industrial Equipment (AFA-IE), marking its entry into the used equipment market.
The new division incorporates the pre-owned products of both Al-Futtaim Auto & Machinery Company (FAMCO) and Al-Futtaim’s Commercial Vehicles division.
The full range of products will cater to a diverse range of industries across the transportation, construction, oil and gas, manufacturing, warehousing and marine sectors from used commercial vehicles, material handling equipment, construction equipment, power and industrial products and remanufactured genuine spare parts.
AFA-IE will provide customers with used Volvo trucks, buses and construction equipment in addition to storage and handling products and industrial equipment from internationally renowned industry heavyweights including Yanmar, Doosan, Himonisa, AGG, SDLG, Ingersoll Rand and Linde.
The launch of the new division is part of Al-Futtaim’s growth strategy and comes in response to the increasing demand for used equipment and vehicles, a press statement indicated. “The launch of the used equipment division further reiterates the Group’s commitment to cater to a clientele that is looking for high-quality and cost-effective pre-owned equipment,” asserted Ramez Hamdan, Managing Director–Industrial Equipment (FAMCO, HINO, Toyota Material Handling), Al-Futtaim Automotive.