Plant Equipment and Hire November 2019 | Page 9

INTERNATIONAL EQUIPMENT NEWS New Terex dealers in Belgium The Matermaco Group is the new official dealer for Terex Trucks in the Benelux region in Europe. After supplying and servicing Terex Trucks’ articulated haulers at its Algerian dealership for many years, Matermaco now also sells the machines in Belgium, the Netherlands and Luxembourg. From its two locations in Belgium, the Matermaco Group will cover the whole of the Benelux region and will sell, rent and service the Terex Trucks TA300 and TA400 articulated haulers. Founded in 1946, Matermaco has more than 70 years’ experience in the Benelux region as well as north Africa. For Terex Trucks, the venture into the Benelux market comes at the right time: the construction sector in the region is set to grow steadily over the next few years, driven by a strong demand for residential developments and office buildings. In Belgium, the construction industry is expected to grow by 5.1% by 2022. The Dutch construction industry represents the sector with the largest predicted expansion within the Benelux region, and the economy in the Netherlands is expected to grow by around 5.5% in 2019. Since August last year, the upgraded TA300 has incorporated a new transmission which helps to deliver a 5% improvement in fuel efficiency as well as enhanced performance, productivity and operator comfort. The upgraded transmission comes with two additional forward gears – eight in total – as well as four reverse gears. This helps to ensure smoother gear shifting and superior operator comfort. The 28 tonne TA300 is a popular choice for infrastructure developments, commercial construction projects and quarries. It is equipped with true independent front suspension as standard, resulting in excellent traction control and operator comfort. The TA400, the largest articulated hauler on offer from Terex Trucks, has a maximum payload of 38 tonnes and a heaped capacity of 23.3m 3 . Designed to meet the demands of the most extreme operations, the robust articulated hauler excels in large-scale construction projects, quarries and mines. The planetary gear transmission provides smooth, efficient gear shifting for optimised fuel consumption and reduced cost of operation. Ground level test points and a fully tilting cab, combined with an electronically raised hood, ensure ease of service and reduced downtime. Bell releases reasonable results “In this mature and highly competitive market, our focus is on supporting the dealer network to ensure that we have the correct levels of support for sustained growth,” he says. Goosen says that while the South American market is a small market currently, the group is expanding its footprint in terms of trucks, forestry and sugar handling equipment. The Southeast Asia and Oceania markets continue to show solid growth. The group experienced modest growth in revenue in markets other than South Africa. “However, global demand was not as strong as anticipated,” Goosen explains, which had led to higher than planned JSE-listed Bell Equipment reported an 8% increase in revenue to R4.04-billion for the period ended 30 June. According to Leon Goosen, CEO of Bell, these results were reasonable considering the tough operating and economic conditions in many of the markets in which Bell operates. “The strong and diversified position that we occupy globally has been advantageous in countering the more difficult operating geographies,” says Goosen. Goosen adds that North America remains a key area for growth for the group, with its products having been very well accepted in that market. The potential to grow the dealer network and market share as a result was therefore good. Bell Equipment’s factory in Richards Bay, KwaZulu-Natal. www.equipmentandhire.co.za inventory and debt levels and a resultant increase in financing costs. Production volumes have been decreased in line with expected demand. “We are expecting that inventory and debt levels will normalise in the coming months,” he says. South Africa remains a primary market for the group, where the full product and service line is positioned for eventual market recovery. During the period under review, the South African economy remained weak and we saw trading conditions deteriorate further on the back of prolonged economic uncertainty and a lack of much anticipated economic stimulus. In Africa, the Bell African dealer network experienced stronger sales, particularly in Botswana and Tanzania. In Europe, demand in the UK remains strong but weakness in the British Pound impacted margins. A number of specific projects merit an optimistic view for this region and Bell continues to monitor the Brexit situation and its impact on future equipment demand. “The rest of the European dealer network continues to perform well, with pleasing growth in Germany, France and Russia, with the group’s products again being well received at Bauma Munich, the premier global exhibition for construction and mining equipment in Europe.” NOVEMBER 2019 7