Construction equipment marketplace Plant & Equipment is acquiring Global Equipment Trading in Dubai's Jebel Ali Freezone as it looks to expand in the GCC and MENA region, according to a press release. The financial details of the transaction were not disclosed.

The pitch: The company is looking to become a “multichannel” business that allows customers to buy and sell heavy equipment both online and on-site, the press release said. Prospective buyers will now have the option to physically assess consigned machines at the Global Equipment Trading location in the freezone and bid for them on P&E’s online auction platform.

About P&E: PlantAndEquipment.com currently allows sellers the choice between auction and classified listings. P&E Auctions, a subsidiary of Plant & Equipment, functions as an online auction platform, gathering consignments and marketing heavy equipment to buyers in the Gulf, Levant, Africa, and Asia. The company’s live auctions showcase diverse heavy machinery in construction, logistics, agriculture, and mining.

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