Al Jaber Group seals $220 million deal for Caterpillar machines

Published March 25th, 2008 - 08:36 GMT

The UAE-based Al Jaber Group, a leading contracting, logistics and industrial group, has purchased 720 Caterpillar machines for more than Dh809 million ($220 million).

 

According to Gulf News, The deal, the biggest purchase of Caterpillar machines in the history of the group, includes a wide range of earth-moving equipment that will support Al Jaber's operations and expansion plans. The machines include tractors, hydraulic excavators, articulated dump trucks, wheel loaders and motor graders, which will supplement the equipment in Al Jaber Group's fleet.

 

Obaid Khalifa Al Jaber, chairman of the Al Jaber Group, said: "Caterpillar machines are instrumental to our success and we have great confidence in the products coupled with after-sales service and support provided by Al Bahar, which are strategic to our achievements and successful execution of projects."

 

The delivery of the machines will start immediately and will go on till the first quarter of 2009.