The new joint venture will rent and sell equipment and tools, including pumps, to construction and industrial markets throughout Saudi Arabia.
“The equipment rental market in Saudi Arabia is expanding rapidly, driven by heavy construction and opportunities in the petrochemical industry. Our joint venture with Dayim Holdings will enable HERC to tap into growth throughout the country,” said Mark Frissora, chairman and CEO of The Hertz Corp.
“This was truly a collaborative effort as our HERC teams from the US, Europe, and Asia worked closely with the Dayim team to put this important business partnership together. The combined strength of these two organizations will enable outstanding growth opportunities for both and allow us to deliver the highest level of service to those customers in Saudi Arabia,” said Gerald Plescia, president of Hertz Equipment Rental Corp.
Hertz Equipment Rental Corp offers a diverse line of equipment solutions from tool and machinery rental to specialty divisions including power generation, industrial plant services, pump solutions and fleet management.
