The Kanoo Group and IPS UK form joint venture
The partnership will bring expertise, technology and broad distribution capabilities for machinery customers in the Middle East.
- (1888PressRelease) October 24, 2014 - Kanoo Machinery, a member of The Kanoo Group, one of the largest family-owned conglomerates in the region, will sign a new partnership deal with IPS UK today to cater to its increasing customer demand for access platform parts. The joint venture ceremony will be held at The Kanoo Group Jebel Ali facility.
Mr. Fahad Kanoo, Executive Director-UAE together with senior management executives of Kanoo Machinery will grace the event in the presence of IPS representatives.
The new joint venture is the largest expansion of IPS network to date. IPS has more than a decade of experience in supplying genuine and replacement parts for access platform equipment and is the official UK parts distributor for a number of manufacturers including Genie, Hinowa, Omme Lift, Isoli, Youngman BoSS, Grove Manlift, Manitou, Pop-Up and MEC.
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."
IPS is part of IAPS Group, which was formed in 2012 through the merger of Telford-based Independent Parts and Service Ltd (IPS) and Huntingdon-based Access Platform Sales Ltd (APS), IAPS Group is the largest independent full service distributor of powered access platforms (aerial lifts) in the UK. IAPS Group offers nationwide sales of new and used machines and comprehensive after-sales support including parts, mobile service and workshop repair for a wide range of powered access equipment.
The Kanoo Group's logistics and distribution centre in the UAE will hold a significant inventory of IPS parts which can be readily available to its customers in the region which in turn increase efficiency; ensuring a quick and ready access to the most in-demand products.
At large, Kanoo Machinery has a dedicated product specialists from sales and aftermarket who offer cross-border seamless services across the Gulf with broad understanding of the markets and its growing requirements.
About The Kanoo Group
'The Kanoo Group' is one of the largest, independent, family-owned groups of companies in the Gulf region established in 1890. It has diversified business industries in shipping, travel, machinery, logistics, property, oil & gas, power, industrial chemicals, training, joint ventures, retail and commercial activities, among others, and operates extensively throughout Saudi Arabia, Bahrain, United Arab Emirates, Oman, Yemen and Qatar.
About Kanoo Machinery LLC
From its humble start in the mid 1960's, Kanoo Machinery LLC has grown to become one of the leading construction, materials handling, floor cleaning and agricultural equipment distributors in the UAE. It offers its clients with world leading brands such as Grove, Hyster, Perkins, Bobcat, Tennant, Massey Ferguson, Lincoln Electric, Norton, Ausa, Sullair, Beach Tech, Aisle-Master, Hitachi, GEDA, Sakai and Utilev for its sales and aftermarket services.
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