Online crane rental platform MyCrane has launched MyCrane Trading, a Dubai-based crane sales, leasing and maintenance services provider. The company has closed a USD50 million investment deal with a Dubai International Financial Centre (DIFC)-based investment holding firm.
In partnership with MyCrane, the global platform for online crane rental, MyCrane Trading will integrate physical inventory and digital reach to deliver access to sales and rentals in the Gulf Region. By leveraging the existing platform, both companies will look to enhance their joint offering through this strategic alliance.
Their combined sales and rental portfolio will include all-terrain, crawler, rough-terrain and tower cranes. MyCrane Trading will serve customers globally, with particular emphasis on the Middle East, Africa, CIS and Asia.
“We’ve seen rising global demand for both new and used cranes, and growing appetite from asset owners to monetise surplus equipment,” said Andrei Geikalo, founder of MyCrane and ceo of MyCrane Trading.
A dedicated management team has been brought in to run the new operation, including the appointment of Sudheesh Mohan as head of sales and marketing, and Mina Asham as head of tower cranes – both based in the UAE.
“MyCrane Trading combines the efficiency and reliability of our digital marketplace with a physical base at Jebel Ali Free Zone,” said Ashishkumar Tiwari, MyCrane sales director. ”Every crane is carefully sourced, with full documentation and inspection available, giving customers trusted access to verified equipment at competitive prices.”
