Responsive Image Banner

51% investor in Mtandt Rentals

Premium Content

25 September 2012

Rakesh Modi, a founder and owner of OnRent, based in Chennai, India.

Rakesh Modi, a founder and owner of OnRent, based in Chennai, India.

Rakesh Modi the chief executive officer of Indian company Mtandt Rentals Limited has told Access International that an unnamed investor has bought 51% shares of Mtandt Rentals Limited

The investment is in the region of US$30 million and the company plans to use the money to add new and used equipment to its fleet.

Mtandt Rentals is the owner of Onrent Brand and India's Largest access equipment rental company.

STAY CONNECTED


Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

Craig Paylor back as LGMG NA president
Following his retirement from the company in 2022, Paylor re-joins for LGMG N.A. ‘relaunch’
Tadano sells US rentals business
Crane OEM had acquired rental business as part of Manitex
Palfinger opens new North American parts distribution centre
Palfinger’s 177,000 square-foot, US$15 million facility features an AutoStore robotic system to select parts
CONNECT WITH THE TEAM
Euan Youdale Editor Tel: +44 (0)1892 786 214 E-mail: [email protected]
Lindsey Anderson Editor Tel: +1 312 929 4409 E-mail: [email protected]
Pete Balistrieri Brand Manager - ALH & SA Tel: +1 414 940 9897 E-mail: [email protected]
Ollie Hodges Vice President, Sales - ALH & SA Tel: +44 (0)1892 786253 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA

It's under 1 month until Working at Height!

Join Manitou, Skyjack, WIKA Mobile Control, Harrison Hydra-Gen, MEC Aerial Work Platforms, Noblelift, Bronto Skylift at the Working at Height Conference & Awards on October 15-16.

They’ll be joined by leading voices:

🎤 Norty Turner (Sunstate Equipment)
🎤 Nicole McGregor (Ducker Carlisle)
🎤 Chastity Williams-Lasley (JCB)

See full program