Al-Futtaim has entered the used equipment market with the launch of Al-Futtaim Automotive Industrial Equipment (AFA-I.E), a new division that incorporates pre-owned products of both Al-Futtaim Auto & Machinery Company (FAMCO) and Al-Futtaim’s Commercial Vehicles division.
The UAE-based group said in a statement that the new division’s range of products will include used construction and material handling equipment, used commercial vehicles, power and industrial products and remanufactured genuine spare parts, this catering to a diverse range of industries from construction and transportation to oil & gas, manufacturing, warehousing and marine sectors.
“AFA-I.E will provide customers with used Volvo trucks, buses and construction equipment in addition to storage and handling products, power and industrial equipment, marine solutions from internationally renowned industry heavyweights including Yanmar, Doosan, Himoinsa, AGG, SDLG, Ingersoll Rand and Linde,” said the statement. Also available will be used HINO 300, 500 and 700 series trucks and Toyota Material Handling equipment.
Each piece of equipment or commercial vehicle will be reconditioned to a defined set of criteria by trained technicians who will inspect every aspect and ensure they meet the required quality and durability standards, said Al-Futtaim.
According to the company, the launch of the new division is part of its growth strategy and comes in response to the increasing demand for used equipment and vehicles.
Ramez Hamdan, managing director – Industrial Equipment (FAMCO, HINO, Toyota Material Handling), Al-Futtaim Automotive, said: “The launch of the used equipment division further reiterates the Group’s commitment to provide customers with the best products and solutions and will specifically cater to a clientele that is looking for high-quality and cost-effective pre-owned equipment.
“The COVID-19 pandemic has brought about a shift in customer preference for used vehicles and equipment. The new division will tap into this massive potential and will provide customers with quality vehicles and equipment that has undergone thorough quality checks by trained technicians thereby providing individual as well as corporate customers complete peace of mind and assurance.”
Al-Futtaim’s statement added that the AFA-I.E team will offer customers total business solutions through new equipment sales, financial options, leasing and rental, trade-in and used unit sales. All equipment and vehicles sold through AFA-I.E will undergo full health checks by in-house technical experts, and customers will receive full after-sales services, including maintenance and genuine spare parts with optional after-sales contracts.
As part of the launch, the new business unit has recruited a team of technicians, sales and operations staff to provide a high level of service. The AFA-I.E division is located at FAMCO and commercial vehicles branches and is open from Sunday to Thursday from 8:00am to 5:30pm.
Automotive Industrial Equipment division to incorporate FAMCO and Al-Futtaim Commercial Vehicles products to tap into high potential for pre-owned segment