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Renting of Construction Equipment with or without Operator
BY Marc Bosman
South Africa
13 March 2017
R 6 960.00 (ZAR)  
estimated $ 490.98 (USD) *
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The Renting of Construction Equipment with or without Operator


The plant hire industry performs an important function in the construction industry which builds and maintains the infrastructure on which almost every other industry depends. According to the latest official figures for 2014 released in late 2016 by Statistics South Africa (StatsSA), the sector focusing on the rental of construction equipment with or without an operator was valued at R17.741bn, up from R11.096bn in 2011. However, industry growth since 2015 has been considerably slower.


Challenging Times


Industry players attest to 2016 being one of the toughest years for the construction, building and plant hire industries due to prevailing political and economic conditions. Decreased mining and manufacturing production in Q4 2016 meant that the economy contracted by 0.3% quarter-on-quarter and overall the economy grew by only 0.3% in 2016. Other issues confronting the sector include new regulations and legislation especially in respect of Broad-Based Black Economic Empowerment (B-BBEE). The draft amended Construction Sector Code (CSC), released for public comment in November 2016, mandates a 35% black ownership and stipulates a minimum of 50% of black shareholding to be held by professionals to discourage passive shareholding. Analysts expect the charter to have a profound impact on the industry.


Report Coverage


The Renting of Construction Equipment with or without Operator examines current conditions, mergers and acquisitions during the period under review, and factors influencing the success of the local industry. The report profiles 26 companies, including Barloworld Equipment, Torre Industries, Renttech and Babcock which all gained market share. Also profiled is the Goscor Group, which consists of eight companies including Bobcat SA. In December 2015 the company announced the buy-out of all Goscor shares from JSE-listed Imperial Holdings and the introduction of two new shareholders, Khulasande Capital Partnership and Unispan Holdings, resulting in black ownership of more than 25%.


Page
1. INTRODUCTION 1
2. DESCRIPTION OF THE INDUSTRY 1
2.1. Industry Value Chain 2
2.2. Geographic Position 3
3. SIZE OF THE INDUSTRY 4
4. STATE OF THE INDUSTRY 10
4.1. Local 10
4.1.1. Corporate Actions 11
4.1.2. Regulations 13
4.1.3. Enterprise Development and Social Economic Development 14
4.2. Continental 15
4.3. International 16
5. INFLUENCING FACTORS 18
5.1. Economic Environment 18
5.2. Demand from Industry Sectors 18
5.3. Government Intervention 19
5.4. Rising Operating Costs 20
5.5. Technology, Research and Development (R&D) and Innovation 20
5.6. Labour 22
5.7. Cyclicality 24
5.8. Rental Agreement Payment Default 25
5.9. Environmental Concerns 25
6. COMPETITION 27
6.1. Barriers to Entry 27
7. SWOT ANALYSIS 28
8. OUTLOOK 28
9. INDUSTRY ASSOCIATIONS 29
10. REFERENCES 29
10.1. Publications 29
10.2. Websites 31
COMPANY PROFILES 33
A L S PLANT HIRE (RF) (PTY) LTD 33
ANGLO V3 CRANE HIRE (PTY) LTD 36
AQUA TRANSPORT AND PLANT HIRE (PTY) LTD 38
ATLAS COPCO SOUTH AFRICA (PTY) LTD 40
BABCOCK AFRICA SERVICES (PTY) LTD 43
BABCOCK PLANT SERVICES (PTY) LTD 46
BARLOWORLD SOUTH AFRICA (PTY) LTD 48
BOBCAT EQUIPMENT SOUTH AFRICA (PTY) LTD 54
BURMA PLANT HIRE (PTY) LTD 56
CASE HIRE CC 59
ENX GROUP LTD 61
GOSCOR LIFT TRUCK COMPANY (PTY) LTD 65
HIRE ALL (PTY) LTD 67
HIRE SOLUTION (PTY) LTD (THE) 70
JOHNSON CRANE HIRE (PTY) LTD 72
MASHOVA PLANT (PTY) LTD 75
PERFORMANCE PLANT HIRE (PTY) LTD 77
RAUBEX GROUP LTD 79
RENICO PLANT HIRE (PTY) LTD 83
RENTTECH SOUTH AFRICA (PTY) LTD 86
STERLING ACCESS CC 88
TALISMAN FRANCHISE OPERATIONS (PTY) LTD 90
TEICHMANN SOUTH AFRICA (PTY) LTD 93
TORRE HOLDINGS (PTY) LTD 95
TURNER MORRIS (PTY) LTD 98
XMOOR TRANSPORT (PTY) LTD 100