IPS to expand in the MENA and India
UK-based company is forming a joint venture with Kanoo Machinery
IPS, the UK-based international supplier of replacement parts for powered access platforms, is expanding into the Middle East, North Africa and India.
IPS is forming a joint venture with Kanoo Machinery, the plant and equipment division of Yusuf Bin Ahmed Kanoo Group, which is the largest independent family-owned group of companies in the Gulf.
IPS Middle East will serve customers across the Gulf and the Maghreb region of Africa, as well as the Indian sub-continent. It is the largest expansion of the IPS network to date.
Kevin Shadbolt, operations director for IAPS Group, IPS’s parent company, said: “IPS Middle East will build on our existing relationships with major rental companies in this region. We have a sound understanding of the market and its growing requirements.
”Yusuf Bin Ahmed Kanoo is an ideal partner for IPS Middle East. The company has a strong track record and has developed its own sophisticated parts operation. By pooling our resources and expertise we can provide a single-source, high quality service to rental companies with a presence right across the region, as well as to independents, large or small.”
Kanoo Machinery is one of the most respected names in the distribution of construction, industrial and material handling equipment. In the United Arab Emirates it represents highly respected brands including Bobcat, Hitachi, Sullair, Perkins and Grove.
The company already has an extensive parts operation in the UAE, representing nine brands of construction and material handling equipment.
Bob Curtis, The Kanoo Group CEO for UAE and Oman, said: “The Gulf states, India and North Africa have all experienced high growth in the adoption and use of powered access over the past few years. IPS Middle East will bring increased price competitiveness and parts availability to this region, which can only be of benefit to rental companies and other aerial lift owners."