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Al-Futtaim launches Automotive Industrial Equipment division to tap into massive potential for used segment

The new division incorporates the pre-owned products of both Al-Futtaim Auto & Machinery Company (FAMCO) and their Commercial Vehicles division.

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July 14 2021
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Al-Futtaim has announced the launch of Al-Futtaim Automotive Industrial Equipment (AFA-I.E), marking its entry into the used equipment market. The new division incorporates the pre-owned products of both Al-Futtaim Auto & Machinery Company (FAMCO) and Al-Futtaim’s Commercial Vehicles division.

The full range of products will cater to a diverse range of industries across the transportation, construction, oil and gas, manufacturing, warehousing and marine sectors from used commercial vehicles, material handling equipment, construction equipment, power and industrial products and remanufactured genuine spare parts.

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 international industry heavyweights including Yanmar, Doosan, Himonisa, AGG, SDLG, Ingersoll Rand and Linde. The company said customers will also be able to purchase used HINO 300, 500 and 700 series trucks and Toyota Material Equipment in addition to the extensive portfolio of brands from other manufactures which will be available under one roof.

The launch of the new division is part of the company’s growth strategy and comes in response to the increasing demand for used equipment and vehicles. Each 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, as per the statement. 

“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,” said Ramez Hamdan, Managing Director-Industrial Equipment (FAMCO, HINO, Toyota Material Handling), Al-Futtaim Automotive. “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.”

All equipment and vehicles sold through AFA-I.E will provide full health checks that are performed 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 per the statement.


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