- CEO
- Dherar Khalid Fahd Al-Rabah
- Sector
- Finance
- Industry
- Finance/Rental/Leasing
- Address
- Kuwait City Kuwait
- IPO Date
- Oct 11, 2004
- Business
- Equipment Holding Co. KSCP is a Kuwait-based public shareholding company engaged in the trading, leasing, maintenance, and contracting of heavy machinery, industrial equipment, and oilfield systems. Established in 1999 and headquartered in Kuwait City, Kuwait, the company serves public and private sector clients across the construction, infrastructure, logistics, and energy industries within Kuwait and the broader Gulf Cooperation Council (GCC) region. Equipment Holding Co. KSCP conducts its core business activities directly and through operating subsidiaries, such as Equipment Company W.L.L. and Specialized Petroleum Equipment Company W.L.L. The company offers an extensive portfolio of products and technical services, which includes heavy construction and earthmoving machinery, such as hydraulic excavators, wheel loaders, bulldozers, backhoe loaders, motor graders, and road compaction equipment; lifting and material handling systems, such as rough-terrain cranes, truck-mounted cranes, crawler cranes, and industrial forklifts; power generation and industrial plant equipment, such as heavy-duty diesel generators, stationary and portable air compressors, mobile light towers, and industrial dewatering pumps; specialized oilfield and pipeline equipment, such as drilling accessories, high-pressure valves, piping systems, instrumentation components, and industrial safety apparatus; and comprehensive aftermarket support services, such as short-term and long-term equipment rental, complete maintenance, repair, and overhaul (MRO) services, supply of original manufacturer spare parts, fleet logistics management, and on-site engineering technical support. In recent developments, Equipment Holding Co. KSCP has executed extensive strategic, financial, and operational restructuring initiatives, which include capital restructuring and capital reduction measures implemented to amortize accumulated losses, bilateral debt settlement and debt-rescheduling arrangements with creditor banking institutions, and the divestment of non-core assets to enhance operational liquidity. Concurrently, the company has refocused its operational strategy toward expanding its long-term fleet leasing contracts, securing recurring maintenance agreements, and broadening its specialized technical supply partnerships catering to major upstream petroleum initiatives and state infrastructure development programs across Kuwait.