P&E acquires UAE's Global Equipment Trading

01 Feb 2024 CW Team

Plant & Equipment, the premier construction equipment marketplace in the MENA region, announces the acquisition of Global Equipment Trading, situated in Dubai?s Jebel Ali Free Zone, UAE.

The integration of Global Equipment Trading into the Plant & Equipment family aligns with the company's ambitious growth strategy for the GCC and broader MENA region, positioning itself as a leading online auction and advertising platform in the Middle East. Global Equipment Trading's exclusive yard within the Jebel Ali Free Zone allows heavy equipment to be transported to and from Jebel Ali Port, a vital hub for regional trade and commerce.

Plant & Equipment's drive to expand into a multichannel business where customers can easily buy, sell, or list equipment both on-site and online is highlighted by this strategic decision. The acquisition of Global Equipment Trading accelerates Plant & Equipment?s journey towards becoming a one-stop solution for all construction equipment needs.

Currently, sellers on PlantAndEquipment.com have the option to choose between auction or classified listings, offering them enhanced flexibility and a range of choices. P&E Auctions, a subsidiary brand under the Plant & Equipment umbrella, is distinguishing itself as an innovative online auction platform in the Middle East and North Africa (MENA) region. P&E Auctions focuses on accumulating consignments and advertising heavy equipment for buyers in the Gulf, Levant, Africa, and Asia.

The acquisition will further fortify Plant & Equipment's position in the market, backed by industry-leading equipment verification, inspection reports and payment security measures. This ensures a secure and seamless experience for both buyers and sellers engaged in the process of buying and selling heavy machinery and trucks.

In May 2023, Plant & Equipment launched P&E Auctions to enable transactions of heavy equipment and machinery sold through PlantAndEquipment.com's online platform. PlantAndEquipment.com's live auctions feature a wide variety of heavy equipment from various categories, including construction, logistics, agriculture, and mining. All auction lots are inspected and verified by the P&E Auctions team to ensure they meet high standards of quality and reliability.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Plant & Equipment, the premier construction equipment marketplace in the MENA region, announces the acquisition of Global Equipment Trading, situated in Dubai?s Jebel Ali Free Zone, UAE. The integration of Global Equipment Trading into the Plant & Equipment family aligns with the company's ambitious growth strategy for the GCC and broader MENA region, positioning itself as a leading online auction and advertising platform in the Middle East. Global Equipment Trading's exclusive yard within the Jebel Ali Free Zone allows heavy equipment to be transported to and from Jebel Ali Port, a vital hub for regional trade and commerce. Plant & Equipment's drive to expand into a multichannel business where customers can easily buy, sell, or list equipment both on-site and online is highlighted by this strategic decision. The acquisition of Global Equipment Trading accelerates Plant & Equipment?s journey towards becoming a one-stop solution for all construction equipment needs. Currently, sellers on PlantAndEquipment.com have the option to choose between auction or classified listings, offering them enhanced flexibility and a range of choices. P&E Auctions, a subsidiary brand under the Plant & Equipment umbrella, is distinguishing itself as an innovative online auction platform in the Middle East and North Africa (MENA) region. P&E Auctions focuses on accumulating consignments and advertising heavy equipment for buyers in the Gulf, Levant, Africa, and Asia. The acquisition will further fortify Plant & Equipment's position in the market, backed by industry-leading equipment verification, inspection reports and payment security measures. This ensures a secure and seamless experience for both buyers and sellers engaged in the process of buying and selling heavy machinery and trucks. In May 2023, Plant & Equipment launched P&E Auctions to enable transactions of heavy equipment and machinery sold through PlantAndEquipment.com's online platform. PlantAndEquipment.com's live auctions feature a wide variety of heavy equipment from various categories, including construction, logistics, agriculture, and mining. All auction lots are inspected and verified by the P&E Auctions team to ensure they meet high standards of quality and reliability.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..