The Kanoo Group is one of the UAE's leading businesses and has considerable experience in establishing joint ventures with major international companies. The new company will trade as Wolffkran Arabia LLC.
The main objective of the new business is to hire and sell tower cranes in UAE and surrounding countries. WOLFFKRAN is a market leader in the supply of very high cranes for large construction projects and will be provide the region's youngest fleet of cranes for hire.
Operations began on 1st January 2007 from a sales office in Abu Dhabi and WOLFFKRAN Arabia plans to expand by opening additional offices in UAE to enable prompt service to clients. WOLFFKRAN Arabia aims to add 40 new cranes to its fleet in the course of 2007. The new business will be managed by Mr. Ditriech Sell who moves to the company from WolffKran GMBH and brings with him many years of experience in the industry.
'The contract is an important milestone for WOLFFKRAN in the Arabian market,' says Dr Peter Schiefer, CEO WOLFFKRAN. 'We're proud to have teamed up with The Kanoo Group, a partner with a broad and solid base in the Middle East and strong prospects for the future. We will be offering our 150 years of experience in crane building at the service of our clients in the UAE and across the region. Top-class engineering from German workshops and an excellent regional sales infrastructure amount to a perfect combination.'
The collaboration in late October 2006 between WOLFFKRAN and Kanoo Machinery at the Big 5 Show in Dubai was, for both companies, the first step down the road of joint marketing operations. WOLFFKRAN's reference projects such as London's Wembley Stadium, Vienna's airport and Berlin's new main railway station were instrumental in bringing this joint venture into being.
'We couldn't have wished for a better partner than WOLFFKRAN,' says Mishal Kanoo, Deputy Chairman of The Kanoo Group. 'WOLFF products have won official recognition as very efficient and extremely high quality tools. They perfectly complement our product portfolio in the crane sector. The sale and hire of the red WOLVES are both very promising areas of business for The Kanoo Group.'
The Kanoo Group joint venture with WOLFFKRAN, Germany
The Kanoo Group announces the signing of a joint venture partnership with crane manufacturers, WOLFFKRAN, one of the leading manufacturers and rental sources of high-quality tower cranes in Europe.
- United Arab Emirates: Thursday, March 15 - 2007 at 14:48
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About Kanoo Machinery:Kanoo Machinery is a subsidiary of The Kanoo Group and began its operations in the mid 1960s. Today Kanoo Machinery is one of the leading sales partners for major international building plant manufacturers in UAE, Saudi Arabia, Bahrain, Oman and Yemen. They deal in a broad spectrum of plant and machinery ranging from mobile cranes and fork-lift trucks to compressors and heavy lifting devices. Commercial operations involve both sales and rentals. Kanoo Machinery also provides comprehensive customer service through its wide network of workshops, spare parts dealers and mobile repair services.
About The Kanoo Group:
The Kanoo Group parent company unites a large number of companies from various industries under a single roof. The family-run consortium has a long track record in Arabia. Founded in 1890 in Bahrain, the company began life as a trading and shipping enterprise. Today, from its strong position on the international landscape, The Kanoo Group is one of the most diversified companies in the region, with interests in transport, travel, machinery, oil and gas, energy and chemicals, among other sectors. The Group employs a staff of 500; and considering all the joint ventures, we reach as many as 900 staff members.
About WOLFFKRAN:
WOLFFKRAN is the pioneer in the field of cranes. The foundation stone upon which the success of the company has been built was laid in Heilbronn (Germany) over 100 years ago by Julius Wolff with the design and construction of the first slewing crane. Today approx. 230 employees are involved that the innovation chain is still continued. The name WOLFFKRAN represents a wide product range: top slewing tower cranes with trolley jib and luffing jib from 80 to 900 tm. Highest standards in engineering and top quality steel construction from Germany, innovative drive and the continual development of service logistics form the sold basis for this prominent position in the market. www.wolffkran.de
For additional information, please contact:
Zeina Al Jamal
Marketing Department
The Kanoo Group
Tel : +971 4 5072250 / 3935428
Fax : +971 4 3933431
P.O.Box : 290, Dubai, U.A.E.
Posted by Janeta Novakovic, Assistant News EditorThursday, March 15 - 2007 at 14:48 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
This Article was updated on Tuesday, May 01 - 2007
Index : Company News : Kanoo Group
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