Japanese heavy lifting and specialised heavy transport services provider Denzai has entered into a capital and business alliance agreement with leasing and financing businesses Mitsubishi HC Capital.
Through the alliance the two companies plan to begin initiatives aimed at creating new businesses by combining Denzai’s expertise in lifting engineering and asset operation with Mitsubishi HC Capital’s strengths in financial know-how and its broad customer base.
Mitsubishi HC Capital has been engaged in leasing and financing businesses in the construction machinery sector and through the alliance it aims not only to expand financing for large cranes but also to promote new business development by leveraging such assets.
“Through the Alliance, we believe that combining our expertise in operating large-scale assets, including large cranes, with Mitsubishi HC Capital’s advanced financial capabilities and extensive customer base will create new business opportunities and enable the provision of higher value-added services,” said Kohki Uemura, president and CEO of Denzai. “Going forward, we will leverage the strengths of both companies to contribute to solving challenges in the infrastructure sector and to the realisation of a sustainable and prosperous society.”
