Business
£2.4 million order from Agrale
Equipmake Holdings PLC has secured a new £2.4 million order from Agrale S.A. for electric drivetrain systems to equip 23 buses, following the successful deployment of an earlier order for 50 buses in Buenos Aires. This repeat business underscores Agrale's confidence in Equipmake's ability to deliver integrated electric drivetrain solutions, comprising motors, inverters, control systems, and battery packs, for the South American market and reinforces the company's commitment to sustainable transport networks. Disclaimer*
About this update from Equipmake Holdings Plc
[{"type":"text","content":"\n\nThis announcement contains inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (\"MAR\"). \n \n28 January 2026\nEquipmake Holdings plc\n \n(\"Equipmake\" or the \"Company\")\n \n£2.4 million order from Agrale\n \nEquipmake, a market leader in engineering-driven differentiated electrification technologies, products and solutions across the automotive, truck, bus and speciality vehicle industries, is pleased to announce that the Company has received a further £2.4 million order from Agrale S.A. (\"Agrale\") to supply electric drivetrain systems for 23 Agrale buses of varying types.\n \nIn September 2025, the Company announced an order for electric drivetrain systems for 50 Agrale buses which are now being successfully deployed in Buenos Aires. On the back of this successful deployment, Agrale has placed this additional order to cover an additional 23 buses. Equipmake is supplying Agrale with a fully integrated electric drivetrain system combining an electric motor, inverter, control systems, and battery pack, utilising both the Company's products and technology, together with components sourced from third parties.\n \nIan Foley, CEO of Equipmake, commented: \"We are delighted to receive a further order with Agrale which demonstrates the confidence that they have in our ability to deliver Equipmake systems in South America. The successful deployment of the initial fleet in Buenos Aires has led to this follow-on order which helps cement the relationship with such an important customer together with our shared commitment to developing a robust sustainable transport network in the region.\" \n \n \nFor further information, please contact:\n \n\n\n\n\nEquipmake\nTim Metcalfe, Non-executive Chairman\nIan Foley, CEO\nIan Selby, CFO\n\n\nVia our InvestorHub: https://investors.equipmake.co.uk/link/rkDLLP.\n\n\n\n\nVSA Capital (Financial Adviser, Aquis Corporate Adviser and Broker)\nAndrew Raca / Brian Wong\n\n\nTel: +44 (0) 20 3005 5000\n \n\n\n\n\nIFC Advisory (Financial PR and IR Adviser)\nGraham Herring / Zach Cohen\n\n\nTel: +44 (0)20 3934 6632\[email protected]\n\n\n\n\n \nAbout Equipmake\n \nEquipmake is a UK-based industrial...