This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at JCB recibe uno de los mayores pedidos de su historia

JCB is one of higher orders of its history

22/02/2006

GAM acquired machinery JCB in the next 5 years amounting to EUR 45 million.

GAM (General de Alquiler de Maquinaria), major independent rental company, has closed an operation of machinery JCB which will acquire, in the next 5 years, JCB machinery for an amount of EUR 45 million. In the framework of the agreement, GAM will acquire a fleet of telescopic, Robot crawler skid steer loaders, mini excavators and forklift trucks all terrain. The first units will be delivered by the end of March.

The President of GAM, Pedro l. Fernández asserts that "as a result of the reputation of the brand JCB in Spain, their machines have wide acceptance in the markets that we serve." Our clients value the quality of JCB products and excellent after-sales service provided by the network of dealers. "Also we choose JCB by its policy to become a supplier of companies of rent, not a competitor".

GAM, which has its headquarters in Llanera (Asturias) and employs 1,000 people, was created at the end of 2003 as a result of the merger of several leading rental companies in their respective regions. It has thus become largest 41 branches independent rental company, including one in Lisbon. Precisely the new machines will be allocated to the different branches and 15 distributors that comprise the network of JCB in Spain will be provided after sales service.
The company, which already it is a major customer of JCB and their fleet already includes some of their machines such as excavators, crawler and wheeled, paddle wheel and mixed, had a turnover of EUR 125 million in 2005.
For its part, the Sales Director of JCB, Françoise Rausch, stated that "it is a very significant operation for JCB and will strengthen our position in the market of Spanish rent".