BrandArena: Mantrac Kick Starts Power System Campaign with Convenient Acquisition Plan

Wednesday 1 July 2015

Mantrac Kick Starts Power System Campaign with Convenient Acquisition Plan

In order to achieve optimal power solution, Mantrac Nigeria, the authorized Caterpillar dealer has flagged off Power System Campaign for its consumers with the aim of providing cutting-edge power solutions that come with convenient acquisition plan.

The unique offer comes with free labour cost for first service, delivery within Lagos, 20% down payment with installments for 24 months with as low as N78,000 per month added with special discounts.

Speaking at the campaign flag off, Managing Director, Mr. Edmund Martin-Lawson, disclosed that Nigeria is one of the fastest growing markets in the World. As a result of the business needs, it is important for every business to have back up supply for power. The need for constant power supply for large, small and medium scale businesses as well as home consumption is on the increase.

He added that “the result is that there is a growing competition from players in the industry, the competition is stiff across all segments of the market from the little sets popularly referred to in local parlance as ‘I better-pass-my-neighbor’ to the very industrial sets suitable for IPPs. To this end, Mantrac is offering the opportunity for easy and convenient acquisition of CAT generators through the Caterpillar Financial (CATFIN) scheme. CATFIN, officially launched in 2013 in Nigeria, in collaboration with Stanbic IBTC, is a financing solution that assists customers acquires Caterpillar products. Caterpillar products are very reliable and durable.”

In his comments, General Manager, Power Systems, Ibrahim El Bassiouny, said Mantrac Nigeria, for which providing Power solutions is one of its core areas, is looking to assist businesses in general to keep their services running so that they in turn can satisfy their customers. “So we are reaching out to restaurants, hotel owners, schools/education institutions, even places of worship as they also need electricity supply.” He added.

The offer is in collaboration with Stanbic IBTC Bank so that customers can stretch payment systems in a way that would be convenient for them, financially, to own a generator. The integrated purchasing solutions are backed by CAT Financial (CATFIN) which is tailored to meet various needs, with low interest rates.

Mantrac Nigeria Limited (formerly Tractor & Equipment) has represented Caterpillar for about 64 years and remains the sole authorized dealer for Caterpillar products; including the full range of CAT construction equipment; Wheel Loaders, Skid Steer Loaders, Dump Articulated Trucks, Backhoe Loaders, Excavators, Motor Graders, Track-Type Tractors and BCP products. Moreover, Mantrac Nigeria Limited distributes Mining, Power Systems, Material-Handling & Warehousing equipment for a wide range of industries and applications. Mantrac Nigeria Limited is also the sole approved supplier of genuine Caterpillar parts, which are available at competitive prices.

The company is part of the Mantrac Group which is the Caterpillar official dealer in nine countries including Egypt, Kenya, Tanzania, Uganda, Ghana, Sierra Leone, Iraq and in parts of Russia.

Employs over 500 highly qualified and well trained professionals, it operates through a network of branches in Lagos, Port Harcourt, Abuja, Kaduna, Kano, Warri, Enugu, Benin and Ibadan, thereby ensuring greater accessibility, prompt and professional service and the fulfillment of our customers’ needs and expectations.

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