Netherlands-based supplier offering machinery delivery, logistics, training, and earthmoving equipment for construction industries, Collé Rental & Sales has received a €50 million loan from the European Investment Bank (EIB) to develop and electrify its fleet of specialised equipment available for rental to the construction industry.
The EIB investment will be guaranteed by the European Fund for Strategic Investments (EFSI), the main pillar of the Investment Plan for Europe.
The Dutch startup specialises in the rental, sales, and service of machines and equipment in the international B2B market. Some of its equipment include aerial work platforms, telehandlers, forklifts, and excavators, among others. Its rental fleet consists of more than 20,000 machines.
Focusing on electrification of its fleet, the company is actively involved in proposing solutions and testing new electric equipment together with machinery manufacturers.
Collé CEO Frits Collé said: “At Collé we say that blue is the new green referring to our company colours. With this EIB financing we take another few steps forward towards that objective.”
EIB vice president, Kris Peeters added: “What Collé does in terms of combining demand for heavy machinery with the increasingly urgent need to become more sustainable as a business deserves a lot of praise. Renting machines instead of buying means more efficient use of valuable resources, feeding into much-needed circularity and sustainability for the construction sector and industry.”