Wicotec Kirkebjerg sells their machines to GSV – and leases them back

Director of GSV, Dan Vonsholdt, has just had the rental company's catalog expanded with the fossil machinery park from Wicotec Kirkebjerg.
Director of GSV, Dan Vonsholdt, has just had the rental company's catalog expanded with the fossil machinery park from Wicotec Kirkebjerg. PR photo: GSV.
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Technical contractor and service partner Wicotec Kirkebjerg outsources its current machine park. The outsourcing is a significant step on the way to achieving the company’s strategic objective of reducing CO2 emissions considerably, the company states in a press release.

Wicotec Kirkebjerg is owned by Aarsleff A/S, which is part of the FLC consortium. On the Fehmarn project, Wicotec Kirkebjerg is, among other things, involved in the technical installations at the element factory that will build the 89 elements that the Fehmarn Tunnel will consist of.

A double-digit million amount
It is the rental company GSV that takes over Wicotec Kirkeberg’s machine park. GSV has entered into a buy-and-rent-back agreement with Wicotec Kirkebjerg for the purchase of the company’s machinery for a double-digit million sum. From now on, Wicotec Kirkebjerg instead rents equipment from GSV and gains several benefits – among other things, CO2 emissions are reduced, GSV writes on its website.

– At Wicotec Kirkebjerg, we work constantly and purposefully to run a competitive business, where we have a strong position on the market, are attractive to customers and business partners and, not least, take responsibility for driving the green transition. Therefore, we have chosen to outsource all major diesel-powered construction machines in the future, says CEO of Wicotec Kirkebjerg, Brian Ludvigsen in the press release.

Can make better use of the material
According to Dan O. Vorsholt, director of GSV, there are several advantages in a buy-and-rent-back agreement, because Wicotec Kirkebjerg avoids future expenses for maintenance and repairs:

– As a nationwide rental company, we can utilize the equipment much better than the individual contractor can. So if we look at the industry from a helicopter perspective – and share the machines by renting rather than owning – then we can collectively use significantly fewer machines nationwide and reduce the total CO2 footprint, says Dan O. Vorsholt.

GSV is one of Denmark’s largest machine hire companies with over 25,000 item numbers in the catalog and almost 600 employees.

Takes responsibility for green transition
Wicotec Kirkebjerg has almost 1,400 employees – and thus now a considerably smaller machine park.

– At Wicotec Kirkebjerg, we work constantly and purposefully to run a competitive business, where we have a strong position on the market, are attractive to customers and business partners and, not least, take responsibility for driving the green transition. That is why we have chosen to outsource all major diesel-powered construction machines in the future, says CEO of Wicotec Kirkebjerg Brian Ludvigsen.

Increasing demands from customers
– In our strategy towards 2025, we have an objective to reduce our CO2 emissions considerably. With the concrete solution – which has been developed in partnership with GSV Materieludlejning – we can monitor the emission of CO2 and thus our environmental impact. It is an important step on the way to an increasingly green business and also something that we increasingly see as a demand from customers, business partners and authorities, says Brian Ludvigsen.

In general, Wicotec Kirkebjerg will find it easier to adjust the business as society and the market move in a more electrified and greener direction, the company states in the press release.

FemernReport has been in contact with Wicotec Kirkebjerg, but the company has stated after the interview that they do not wish to comment on the matter anyway.

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