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BYRNEEQUIPMENTRENTAL INTERVIEW
“With the support of the Hanco Group, whose
objective is to be the leader in the rental and lease
market in the GCC, we are committed to the region
andwewill be determinedly growing our footprint,”
he explained.
Mr Fallon added that while the company’s focus
remained on its four main markets – construction
and infrastructure, marine, oil and gas, and events
– it was also looking at expanding into new sectors
andmarkets.
“The objective now is that collectively we
become the largest equipment rental and leasing
organisation in the Middle East,” he said. “We are
not specific or limited by sectors – we are looking
to go beyond current profile offering, e.g. into
healthcare and technology.”
“Rental continues to grow, even in the face of
increasing competition – notably suppliers renting
as well as selling,” Mr Fallon said. “Rental prospects
remain strong in the Middle East with Saudi Arabia
and Qatar featuring the strongest growth potential.
The UAE is a more mature market, and it fits in to
themost developedmarket category in the region.”
He said rental growth was being driven by the
dominant Middle Eastern oil and gas industry, both
upstream anddownstream, while infrastructure and
construction projects were also drivingmomentum
togetherwith industrial projects.
Events
But other, newer sectors are making an impact in
the rental industry – not least the events sector,
according toMr Fallon. “Inmore developedmarkets
(such as the UAE), we are seeing a large increase
or medical centre, Byrne and Spacemaker have a
building solution.
“With Spacemaker, essentially we have our own
manufacturing company which really gives us a
realmarket advantage. We can respond to customer
demands more efficiently and are able to offer a
more bespoke product to suit their needs.
“With the support of Spacemaker we now have
a fleet of temporary buildings that uses unique
modular systems with prefabricated modules
that can be deployed very quickly, whether the
requirement is a single modular building for any
application to largermulti-story structures.
in the events market as these countries become
attractive destinations for businesses, tourism,
concerts, sporting events, etc.”Mr Fallon said.
“We signed a five-year deal with golf in Dubai,
(supplying equipment and services at the recent
Dubai Desert Classic).
"We’ve also have supported a great number of
high profile events, like the Volvo Ocean Boat Race
and the Dubai Rugby Sevens – these have really
cemented Byrne as the only equipment rental
company that can provide the complete of range of
events equipment, be that temporary buildings and
facilities, power or logistics.”
Byrnealsohasa foothold in theportablebuildings
rental industry supported by its sister company
Spacemaker.
“The key benefit of modular building systems is
flexibility,” Mr Fallon said. “Units are available in a
wide range of sizes and can be configured to meet
just about any requirement - whether it’s a multi-
department office, accommodation for several
hundred people, a new school, a single washroom,
IRNMARCH 2015
“The key benefit of modular building systems
is flexibility,”Mr Fallon said
“With Spacemaker, essentiallywe have our ownmanufacturing companywhich gives us a real market advantage,”Mr Fallon said
We are not specific
or limited by sectors – we
are looking to go beyond
current profile offering,
e.g. into healthcare and
technology.
The objective
now is that collectively
we become the largest
equipment rental &
leasing organisation in
the Middle East