UK office opened to support growing rental business
Electronic test equipment specialist Electro Rent is establishing a UK office. Although the company has been servicing the UK market for the last 10 years from its European headquarters, increasing levels of business mean the UK office will be able to better support customers.
Electro Rent Europe's managing director David Saeys, pictured, said: "Establishing a local presence is a logical next step and will enable us to provide a true local service to existing and future customers."
According to Saeys, 75% of the company's business is rentals, although it also offers sales of used equipment and rent to own schemes. "The equipment we resell comes off our shelves; we are not a broker for used devices." Amongst the most popular items being rented are cable and wireless testers, oscilloscopes with at least 8GHz bandwidth and arbitrary waveform generators, but the company says it offers 'everything from a multimeter upwards'. "More companies are renting," he continued. "Where rental used to be seen as an emergency measure, it's now part of the acquisition process."
Electro Rent has four broad markets: aerospace/defence; semiconductors; installation and maintenance; and industrial. While aerospace and defence is the dominant sector in the US, European business is driven by rentals from the industrial sector.
Saeys added: "Over the past few months, we have seen significant changes in the UK test equipment rental market. With the fusion of our two largest competitors, customers no longer have the true opportunity to compare competitive offers. By extending our commitment to the UK with a new office, we are giving choice back to the market."
Pic: David Saeys, managing director, Electro Rent Europe
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