Nishio buys into Skyreach EWP rental firm

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  • Plant & Equipment

The Skyreach KB63D articulating boom lift The Skyreach KB63D articulating boom lift The Skyreach KB63D articulating boom lift

Japanese elevated work platform (EWP) and construction equipment rental company Nishio has made a 'substantial' investment in Skyreach, which offers EWP rentals on Australia’s east coast.


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Nishio, which is listed on the Tokyo Stock Exchange, operates in Japan, Vietnam, Malaysia, Thailand, Singapore, Indonesia and China. Established for over 50 years, the company has a total workforce of over 3,000 staff across 368 branches.

Skyreach, which was founded in 1994 by Rod Leech and is based in Caboolture, Queensland, has 10 branches and employs about 100 staff. Leech will remain as Skyreach CEO and managing director.

"This investment by Nishio will allow us to grow the Skyreach business further," Leech says. "We are now able to access new areas, enabling us to provide an even better service and greater product range to the Australian rental market.

"The Nishio team has been very impressed with the positive culture and experienced team that we have built over the past 22 years," he adds. "This is an exciting time for all of the employees at Skyreach and I look forward to leading and further growing this company throughout the Australian rental industry."

 

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