Volvo Rents Opens First Franchise In Spain


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Volvo Rents Opens First Franchise In Spain

RER, Mar 8 2004

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Volvo Construction Equipment Rents has recently opened its first Volvo CE Rents equipment rental center in Spain. The new independently owned and operated Volvo CE rental franchise, Volrental SA, is located in Madrid, Spain.

The rental franchise is owned by Volmaquinaria de Construccion SA, the Volvo Construction Equipment dealer for Spain, and will be managed by Domingo Barbaro. The new Volvo CE Rents center is the first of a planned 18 over the next three years in Spain, in conjunction with Volmaquinaria de Construccion.

Volvo CE Rents began its franchise equipment rental program in 2001 and today has three rental centers open in Iberia (2 in Portugal and 1 in Spain) and 40 in the United States. In addition to these franchises in full operation, the company has franchise development agreements signed with other European and American business interests seeking independently owned and operated franchise opportunities in the equipment rental business.

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