Microlease, Livingston and Electro Rent have consolidated their European operations, now to be known as Electro Rent.
The newly regrouped operations will give access to a global inventory worth over $1.2bn, boasting 300-plus brands, including Anritsu, Fluke, Keithley, Keysight Technologies, Rohde & Schwarz and Tektronix.
“We will be able to deliver brand-independent solutions and unparalleled availability with rapid delivery of a vast range of equipment, anywhere in the world”, said Peter Collingwood, Chief Executive, Europe. “Combined with a wide variety of procurement and flexible finance options and world-class asset optimisation solutions, we’re ideally placed to help customers get maximum value from test-related investments.”
Since the start of the integration of its business, Electro Rent has continued to invest heavily in emerging and growing technologies, including $10m in 5G in 2019. The move to one single brand will also benefit the three companies by creating further opportunities for collaboration.
“At Electro Rent, we aim to power innovation,” added Collingwood.