Crestchic, world leader in specialised loadbank manufacturing and testing solutions, has scooped an industry award for ‘Best Small to Medium Rental Company’ at the European Rental Awards held in Stockholm, Sweden – 8th June 2016.
Jointly organised by IRN (International Rental News) and the European Rental Association (ERA), the ceremony has become a spotlight for rental companies reporting sustained growth within their respective markets.
When the oil and gas industry took a downturn in 2014/15 Crestchic began to establish and develop applications in other industries. The buoyant nature of the data centre market, together with developments in the facilities management sector, presented Crestchic with a huge growth opportunity for the rental of loadbanks. The rental division is continuing to put its expansion plans into place during 2016 for further growth.
The judges said: “The rental company categories show that today’s rental players are completely alive to the wider trends in the business environment, with sustainability being given real attention, alongside innovations to help customers and drive more rental activity.
“An established manufacturer of loadbanks for 30 years, Crestchic has been remarkably successful in creating a rental business in Europe and Asia. It grew its rental revenues by 10% in 2015, added new specialist products – capacitive loadbanks – and diversified its business into data centres and facilities management. The company has been both innovative and quick on its feet: a winning combination.”
Chris Caldwell, European Rental Director of Crestchic, commented: “After celebrating our 30th anniversary we have heavily invested in our business, with a £1.98 million pound (€2.5 million) revamp of our state-of-the-art rental facility at our global headquarters in Burton-upon-Trent and the creation of a dedicated service and maintenance team in April 2015. It is extremely gratifying seeing all our hard work being recognised by the industry.”