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Tue April 20 2021

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Riwal invests €80m in rental fleet

24 Mar 15 Netherlands-based aerial work platform and telehandler rental specialist Riwal is doubling its capital expenditure budget this year.

Riwal's purchases include the JLG 1850SJ
Riwal's purchases include the JLG 1850SJ

It plans to invest €80m (£58m) on its rental fleet during 2015 – doubling what it spent in 2014.

About 60% of the investment will be in the renewal of the rental fleet with the remainder supporting Riwal’s international growth strategy. Over 3,000 new aerial work platforms and telehandlers will be purchased, including  JLG, Genie, and Holland Lift models.

New models being added to the fleet include the 58m-working-height JLG 1850SJ Ultra Boom, of which Riwal is purchasing 10 new units, as well as hybrid machines such as the JLG H340AJ and Holland Lift HL-275 H25. Also included in the fleet plan are latest Genie introductions, the Z33/18 and the Z62/40.

“With this investment in the Riwal rental fleet we continue to offer a newer, more diverse and versatile equipment range,“ said Riwal CEO Norty Turner. “The capital expenditure supports our international growth plans and enables us to deliver the best customer experience and the highest levels of safety.”

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