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2005-12-30 .
  GAM invests 45 million Euros in equipment

GAM has closed an equipment purchase agreement with JBC. This equipment will be supplied over a five-year period and will cost 45 million Euros

This order, placed by GAM, is one of the largest orders in JBC’s history. JBC is ranked as the fifth construction equipment manufacturer worldwide, it has 15 factories located in 4 continents and 6.000 employees.

For GAM, this represents a significant increase of its existing fleet, that had already more than 24.000 units for rent. Due to this increase of the offer, GAM will be able to provide its current and potential customers state-of-the-art machines.

According to Pedro Luis Fernández, GAM’s C.E.O. “JBC has been chosen due to their great reputation in Spain, as their machines are very popular in the markets that we supply. It was also chosen due to their policy of being a supplier for the rental industry and not a competitor.”
JBC Sales manager expressed their enthusiasm for being chosen as a supplier by the leading company of equipment rental.

This agreement completes a great year for the Asturian firm. GAM, which is based in Llanera (Asturias) and has 1.000 employees, was founded in 2003 by the integration of several major equipment rental companies, that were leaders of their respective regions within Spain. In a brief two-year period, GAM has become the largest equipment rental operator in Spain and has entered the top five in the European market. In addition GAM has the highest growth rate in the European market.