Capital Equipment News March 2018

Riviera Hire is one of the local plant hire companies that has diversified its business to meet the changing needs of its clientele.

Peter Yaman, sales executive at Johnson Crane Hire

“Operating cranes is a specialist skill and requires highly-trained certified operators. Add to this the need for cranes to be legally compliant, and one can see clearly why the majority of construction and mining operations rely on crane rental as opposed to owning their own units.”

Filippo Bevilacqua, owner of Riviera Hire

“For us it’s about utilisation and versatility. For a plant hire business to be financially successful, we need strong utilisation. We need the assets in our fleet to be out on rent as often as possible, providing

QUICK TAKE

Wind farm construction projects across many parts of South Africa have opened up an entirely new market for the crane hire sector

Due to a recent downward economic cycle characterised by few and far between contracts, equipment rental has become an attractive option

value to our customers and generating a strong return.”

Evolving market There is a general consensus that the rental market has significantly changed in many ways in the past decade as varying dynamics in recipient markets have had a far-reaching impact on the client base and its needs. According to Filippo Bevilacqua, owner of Riviera Hire, the construction contracting fraternity in South Africa, previously dominated by large companies, has in recent years become a feast of the smaller and upcoming concerns. “The scenario is mostly fuelled by the way infrastructure projects are being rolled

In today’s operating envi- ronment, the value proposi- tion is the most important consideration for end users of equipment, all the way from quality, price to service and maintenance

Crane hire has always been a specialised sector of the rental market, especially considering that the machines are very expensive and require extensive maintenance to ensure optimum performance and functionality

CAPITAL EQUIPMENT NEWS MARCH 2018 31