Sharing Economy

Equipment rental, Alayan grows and invests 300 million in three years

The Tesya Group company increased revenues by 22% in one year and hired 183 people, 91 of them in Italy

by Giovanna Mancini

Alayan ha fornito diverse attrezzature industriali per la ricostruzione del Ponte Morandi a Genova (nella foto)

3' min read

Translated by AI
Versione italiana

3' min read

Translated by AI
Versione italiana

This market is still underdeveloped in Italy and Southern Europe, but is developing rapidly, with an estimated average annual growth rate of between 5% and 8% in these countries. Countries where Alayan, a company specialised in equipment and machinery hire services for companies active in industry and in the creation of infrastructures and events, is present and rooted.

Alayan was born a year ago from the merger of the rental companies of Tesya, an international group with Italian capital that has 28 companies in 15 countries, specialising in the provision of services and customised B2B solutions, with a turnover of EUR 1.9 billion and 4 thousand employees. "This was not just an aggregation of companies and a name change, but a real evolution in business and approach, with a strongly multi-specialist slant," explains Alayan's CEO, Vincent Albasini. In fact, Alayan's integrated rental solutions find application in a variety of fields, including building and construction, infrastructure, industry, major events, railways, ports and utilities.

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Growth in one year

The results have confirmed the validity of the operation: the company closed 2025 with a turnover of 221 million euros, up 22% compared to 2024, and also consolidated its position as a reference reality in professional rental in Southern Europe, strengthening its territorial presence through the opening of six new branches (three in Italy, two in Spain and one in Portugal) and the hiring of 183 people, 97 of whom in Italy, bringing the workforce to a total of 430. Through four divisions (industry, large events, energy and modular structures), the company now covers around 350 types of machinery with a fleet of over 25,000 units.

"What sets us apart is the high technological content of our products and services, developed by our innovation centre in partnership with our suppliers and marked by a vision of environmental sustainability," adds Albasini. Moreover, Alayan offers the market an integrated approach, i.e. it offers customers not single products, but complete solutions for their needs, "from predictive maintenance to technological innovation," says the CEO, following a short-term professional rental model (from one day to one year) that guarantees support for temporary or extraordinary activities.

The market outlook

Having therefore completed the 100 million euro growth and development plan announced at the beginning of 2025, Alayan looks to the future and to the market's potential: professional rental is one of the most dynamic sectors in the building, construction and infrastructure industry, with the United Kingdom, Germany and France accounting for around 60% of the European market. In Italy, according to ERA, the market will exceed €2 billion in 2024, but compared to the other southern European countries it shows a lower growth rate (+4.2% and +4.7% in Italy in 2025-2026, against +5.5% in Spain and +6.5% in Portugal in 2025), signalling a still unexpressed development potential).

Alayan's new industrial plan 2026-2028 envisages investments of around EUR 300 million, of which EUR 280 million are earmarked for the renewal and growth of the industrial fleet and 300 new hires. "Already this year we will open six more branches, three of which in Italy and three in Spain and Portugal," adds Albasini, "while, for the following years, we are planning to enter other markets, particularly Slovenia and Croatia. Finally, the plan also includes M&A operations to accelerate development, with a view to both geographic expansion and broadening the range of services offered.

The node of the hyper-amortisation

An ambitious plan, as is Tesya's, which envisages investments of around EUR 800 million over the same period. 'Unfortunately, Alayan's growth plans risk being jeopardised by the regulatory uncertainty linked to the application of the 'made in Europe' clause on hyper-amortisation,' explains Pierre-Nicola Fovini, CEO of the Tesya group and president of Alayan. 'This could force us to reconsider and remodel the group's strategic plan and its geographies. On the other hand, we hope for a rapid review of the regulatory framework in Italy, because the risk is that, by limiting access to highly innovative machinery and technologies not produced in Europe, we will generate a progressive technological impoverishment that could jeopardise the path of infrastructural growth in Italy and the Pnrr itself'.

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