Tuesday, April 30, 2013

Mishal Kanoo Signs DP World Supply Deal

Dubai, UAE: Kanoo Machinery, a member of The Kanoo Group secured an exclusive long-term supply deal with DP World to further strengthen business optimism and the growing alliance between two of the region’s leading companies. Mr. Mishal Kanoo, Deputy Chairman of The Kanoo Group and Mr. Esam Khoori, Director-Procurement of DP World signed the agreement on 22nd April 2013 at The Kanoo Group main office in Bur Dubai.

Mishal Kanoo (right) signs supply deal with DP World
The contract with DP World, one of the largest maritime terminal operators in the world, includes an exclusive bulk supply of Hyster lift truck spare parts from Kanoo Machinery. Apart from that, Kanoo Machinery also offers possible future expansion capabilities for franchises such as Perkins and Tennant, among others, as the sole distributor in the Middle East.

Mr. Nabil Qayed (Technical Director), Mr. Jamal Ahmed Al Kindi (Manager-Materials Management) and other procurement officials from DP World attended the signing ceremony, with the presence of senior management members of The Kanoo Group and Kanoo Machinery.

In an opening speech, Mr. Mishal Kanoo said that The Kanoo Group is privileged and honoured to be associated with DP World. He is optimistic that the partnership can help make DP World become more successful and that The Kanoo Group will be proud to be a part of it.

Mr. Esam Khoori also commented that the strategic partnership is a great advantage with mutual benefits which can bring right results, with the right people.

“I would like to thank Kanoo Machinery for their initiative, walking the extra mile with DP World in bringing this business relationship from customers’ to partners’ level. This consignment of spare parts wouldn’t come to reality if not for their efforts and in believing in DP World as a successful international company representing Dubai and the UAE,” said Mr. Jamal Ahmed Al Kindi.

Shakil Merchant, Divisional Sales Manager-UAE, Kanoo Machinery added, “Kanoo Machinery had been looking forward to this day and we have been working hard for a long time to achieve this. At last this deal has come true and is a good association of the business with the consignment stock keeping in DP World.”

As the organiser for the event, Praveen Hubli, Aftermarket Sales Manager-UAE, Kanoo Machinery further said, “The consignment stock concept discussed with DP World was very much appreciated and welcomed. DP World does not have to keep an inventory of spare parts for machines as this is done in Kanoo Machinery premises, and the required parts will be available 24/7. Therefore  efficiency and delivery time are greatly reduced, thus giving immense benefits to both parties.”

This undertaking is another mark of a long-term business commitment that The Kanoo Group shares with DP World. Most recently, Kanoo Machinery has also received the Top Vendor Award for the year 2012 by DP World, as a constant reminder of their good business relationships and dedication that brings business opportunities up to the next level.

About The Kanoo Group
‘The Kanoo Group’ is one of the largest, independent, family owned groups of companies in the Gulf region. It has diversified business industries in shipping, travel, machinery, logistics, property, oil & gas, power, industrial chemicals, training, joint ventures, retail and commercial activities, among others. 

Today for '123 years of pioneering the future', The Kanoo Group of companies operate extensively throughout Saudi Arabia, Bahrain, United Arab Emirates, Oman, Yemen and Qatar, and are greatly respected for their ability to combine traditional values with a global vision.

About Kanoo Machinery LLC 

From its humble start in the mid 1960's, Kanoo Machinery LLC has grown to become one of the leading construction, materials handling, floor cleaning and agricultural equipment distributors in the UAE offering a cross-border seamless service across the Gulf. 

Today, Kanoo Machinery LLC offers its clients premier world leading brands such as Grove, Hyster, Perkins, Bobcat, Tennant, Massey Ferguson, Lincoln Electric, Norton, Ausa, Sullair, Beach Tech, Aisle-Master, Hitachi, GEDA, Sakai and Utilev. Products from these Principals are marketed through dedicated product specialist from sales and aftermarket who are available in all the 5 branches (Dubai, Abu Dhabi, Al Ain, Sharjah and RAK) in UAE.


To comment on the article, contact: 
Michelle Laylo
PR Executive - The Kanoo Group


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