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Lowe has investment interest

26th January '18

Lowe Rental is a global provider of refrigeration and catering rental services to the exhibition, events and retail industries. The company joined forces with MML Capital Partners Ireland, part of an international private equity group, in 2014. Throughout this time Lowe has gained significant growth and strength in all its markets.

All shareholders are delighted with the performance of the business. The company received in bound interest from a number of parties in recent months encouraging the Directors to appoint Deloitte Corporate Finance to assist with finding the best investment solution to support accelerated growth.

The Directors are committed to ensuring Lowe Rental is best structured to allow it to fulfil its growth potential by diversifying its service offering and continued geographical spread.  This is evidenced by the recent opening of a new distribution centres in Shanghai and Las Vegas to add to its existing facilities in the UK, east coast US, Hong Kong, Singapore, Germany and Dubai.

“Building a world class brand starts with a world class team and we are no exception here at Lowe. Year on year numbers have been very encouraging and our market share across core and new markets continues to grow at a healthy rate which has given investors’ confidence.

In order to maintain our growth aspirations, we are delighted to be in a position to garner interest, which will ultimately support the existing structure and drive the company on into the future”

Rodney Lowry CEO @ Lowe Rental

About Lowe Rental:

Lowe Rental was founded in 1977 and has grown to become the world’s largest and only global refrigeration and catering equipment rental company. Lowe Rental provides major food exhibitions, sporting events, retailers and food producers with rental solutions and equipment sales from strategically placed offices.

Lowe Rental has an extensive and growing fleet of commercial display and storage refrigeration as well as hot catering equipment. Global sourcing and manufacturing ensures that Lowe is always competitive and adaptable to local market conditions as well as being able to fulfil the needs of both the individual customer and large corporate brands.

www.lowerental.com

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