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26 Oct 2016

Microlease expands London premises to support European growth

Microlease, the leading test and measurement equipment management company, has opened a major extension to its Harrow, London head office and warehouse

Additional unit at Harrow headquarters provides more office, warehouse and laboratory space Harrow, UK, Wednesday, 26 October 2016: Microlease, the leading test and measurement equipment management company, has opened a major extension to its Harrow, London head office and warehouse. Microlease has leased an adjoining unit giving it an additional 1,500 sq mt (16,000 sq ft) of office, warehouse and laboratory space to support its expanding European business and 225 strong European team. Nigel Brown, Microlease CEO said, “To grow successfully and drive ever higher standards of customer service and of quality we are expanding our capability at every level.

Extending into the unit adjoining our existing headquarters gives us the headroom to grow further and consolidate the integration of the Livingston team and inventory on to the Harrow site. It also helps accommodate the additional stock needed to support our growing distribution relationships.” The unit allows Microlease to expand at every level. Nigel Brown continued, “Our multi-lingual team of instrumentation specialists is increasing to provide applications and procurement advice to help customers as well as providing technical and logistical support. The additional warehouse helps to accommodate our expanding stock of instruments for rental and for sale in the most efficient way.

At the same time, the laboratory area is being extended to service, calibrate and prepare an increasing number of instruments for our customers.” Microlease has invested over £500,000 in fitting out the new unit, which provides additional office, warehouse and laboratory space. Its European team is now 225 strong, with 175 people based in the UK. The Harrow based team includes native speakers of most major European languages, and provides support to customers throughout Europe. The worldwide Microlease team is now 370. The expanded warehouse area has allowed an additional six Kardex Remstar XP500 shuttle storage systems to be installed, providing secure, efficient and climate controlled storage for the Microlease rental fleet and sales stock of over 57,000 instruments and 8,000 different lines. Twenty extra bays of high bay racking have also been added. The new unit also includes a third laboratory area for the servicing, calibration and preparation of new, used and rental instruments.

About Microlease
Microlease is the market leader in electronic test equipment, offering a range of solutions to help organisations globally use test equipment efficiently. Its services help minimise the costs of acquiring test equipment, optimise its use and maximise return at end of life without stretching capital expenditure, and include rental, leasing, sale of new and used equipment and buy-back as well as full asset management. Microlease supports its global customer base with over 57,000 test equipment assets worth over $430 million. A team of 370 specialists serves Microlease customers in over 150 countries from offices across Europe, the US and Asia. Microlease currently provides equipment from leading manufacturers, including Anritsu, Keithley, Keysight Technologies, Rohde & Schwarz, Tektronix and Viavi.

Founded in 1979, Microlease is the number one test and measurement rental company in Europe. It is Keysight’s Authorised Technology Partner (ATP) for the UK, Ireland, and Italy, Authorised Premium Distributor for the UK and Italy, as well as a Premier Rental Partner (PRP) for Europe, USA and Asia. Microlease is an Authorised Rental Partner for Rohde & Schwarz, Tektronix and Viavi and a Viavi Premier Solutions Partner in the UK and Germany. The Microlease group includes Livingston. Microlease was awarded the 2013, 2014, and 2015 Global Company of the Year Award in Test and Measurement Rental and Leasing Services by leading research organization Frost & Sullivan.

For more information, visit www.microlease.com.
Contact: George Acris, Microlease plc, Unit 1, Waverley Industrial Park, Hailsham Drive, Harrow, Middlesex HA1 4TR, United Kingdom. Tel: +44 (0) 20 84 200 200 Media Contact: Peter van der Sluijs Neesham PR Tel: 01296 628180 Email: [email protected]

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