Lowe Rental

What Lowe Rental does

Lowe Rental is a global commercial refrigeration and catering equipment rental specialist founded in 1976 and headquartered in Lisburn, Northern Ireland, with regional headquarters in Peachtree City, Georgia. The company operates a 100k+ equipment fleet spanning display refrigeration, modular and ready-built walk-in cold rooms, containerized cold storage, and commercial catering equipment, complemented by 1k+ portable kitchens. It serves grocery retail (Walmart, Whole Foods, Walgreens, Albertsons, CVS, Target, Hannaford, Hy-Vee, Wegmans, HEB), foodservice, F&B exhibitions (Winter Fancy Food Show, Natural Products Expo, Seafood Expo), and large-scale events (PGA Championships, WM Phoenix Open, Food and Wine Classic Aspen) across 10+ countries including the US, UK, Spain, Germany, France, UAE, Saudi Arabia, Singapore, and Hong Kong. The company employs 500+ professionals globally.

Lowe Rental generates revenue through four streams: (1) subscription-style long-term equipment rental under the Rental+ product with multi-year terms and no upfront costs; (2) Refrigeration as a Service (RaaS) bundling equipment, IoT remote monitoring, and fully inclusive planned and reactive maintenance; (3) short-term rental for exhibitions, events, and emergency response; and (4) ancillary revenue from equipment sales and professional services including installation, decommission, and asset management. Pricing is quote-based and not publicly disclosed. The go-to-market model is sales-led with vertical-specialized teams (retail, foodservice, events, institutional), an inside sales emergency line, and a dedicated self-serve exhibitions e-commerce portal.

Underlying the rental fleet is the proprietary LoweConex IoT technology platform, with Conex OS as the intelligent refrigeration facilities management layer that centralizes refrigeration data into a retailer-owned cloud. The platform is positioned as an answer to EPA refrigerant compliance (Chronically Leaking Appliances Rule, HFC/F-Gas phase-downs, GWP-related fines) and grocery ecommerce cold chain bottlenecks, with stated 3-6 month ROI for retail customers and adoption by Midcounties Co-operative and Aldi UK and Ireland.

Name

Lowe Rental

Legal name

Lowe Rental Ltd.

Website

https://lowerental.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Lowe Rental is a global commercial refrigeration and catering equipment rental specialist serving grocery retailers, foodservice operators, F&B exhibitions, and large-scale events across 10+ countries via a Refrigeration as a Service model with IoT-enabled monitoring.

Ownership category

akta.pro rank

Product category

Commercial Refrigeration and Catering Equipment Rental

NAICS

General Rental Centers (53231)

SIC

Refrigeration & Service Industry Machinery (3580)

akta.pro primary industry

Temperature-Controlled Cross-Docking & Transload (Cold Chain) (TLALABAJ)

akta.pro secondary industry

Corporate, Event & Staging Furniture Rental (Short-Term) (CRAIAOAG)

Keywords

• Commercial refrigeration rental
• Cold room rental
• Catering equipment rental
• Refrigeration as a service
• Event refrigeration hire

Headquarters

HQ city

Lisburn

HQ country

United Kingdom

HQ region

Europe

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Equipment Rental: Short-term and long-term rental of commercial refrigeration and catering equipment. Short-term rentals for events, exhibitions, and emergency needs. Long-term Rental+ plans with multi-year terms, no upfront costs, and fully inclusive maintenance.
2. Refrigeration as a Service (RaaS): Monthly subscription model providing energy-efficient equipment, IoT remote monitoring, and fully inclusive planned and reactive maintenance as part of the Rental+ long-term offering.
3. Equipment Sales: Sale of new and ex-rental commercial refrigeration and catering equipment to customers seeking to purchase rather than rent.
4. Professional Services: Fully managed installation, decommission, consultation, and on-site maintenance services included as part of rental contracts and asset management solutions.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Lowe Rental rents commercial refrigeration equipment (display fridges, display freezers, storage chillers/freezers), modular and pre-built walk-in cold rooms, and commercial catering equipment on both short-term and long-term bases to grocery retailers, foodservice operators, events, and exhibitions worldwide. The company offers a Refrigeration as a Service (RaaS) model delivered via multi-year Rental+ contracts that bundle equipment, IoT remote monitoring (LoweConex), and fully inclusive planned and reactive maintenance, alongside equipment sales and managed installation/decommission services.

Product overview

Lowe Rental offers a comprehensive equipment rental ecosystem organized around commercial refrigeration and catering equipment. The core product portfolio includes Commercial Refrigeration (display fridges and freezers), Catering Equipment (commercial ovens, grills, prep equipment), Ready-Built Cold Rooms (pre-manufactured units in standard sizes), and Modular Walk-In Cold Rooms (customizable on-site assembled units). Supporting the hardware are technology platforms including LoweConex for IoT-enabled remote refrigeration control and optimization. Service offerings span Short-Term Rental for temporary needs, Rental+ for multi-year plans with maintenance included, and specialized solutions for emergency response, retail remodelling, ecommerce, events, and exhibitions. The company operates on a Refrigeration as a Service (RaaS) model providing flexible deployment without capital investment.

Differentiator

Problem solved

Functional benefit

Brands

• LoweConex: IoT technology platform that helps businesses remotely optimize and control connected refrigeration equipment
• Lowe Exhibitor Portal

Products and services

• Commercial Refrigeration (Display Fridges & Display Freezers)

Quantifiable outcome

• Typical ROI within 3-6 months for retailers implementing LoweConex intelligent refrigeration facilities management
• +2 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Midcounties Co-operativecoreStrategic or Co-development PartnerMidcounties Co-operative is implementing LoweConex's Conex OS platform for intelligent refrigeration facilities management, demonstrating a strategic partnership for technology deployment in grocery retail operations.
• Aldi UK & IrelandcoreStrategic or Co-development PartnerAldi UK & Ireland is implementing LoweConex's Conex OS platform for intelligent refrigeration facilities management, representing adoption of the company's technology solutions by a major grocery retailer.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Aggreko: Global provider of temporary temperature control and power rental solutions. Highly comparable to Lowe's refrigeration-as-a-service model for events and industrial customers, with a broader temperature-control portfolio.
• Polar King: Manufacturer and renter of mobile and modular walk-in coolers, freezers, and refrigerated containers. Closely comparable to Lowe's ready-built and modular cold room rental products for commercial and event use.
• Willhire: UK-based specialist equipment and refrigeration rental company serving events and industrial customers. Comparable as a UK-headquartered direct rental competitor to Lowe in refrigeration and ancillary equipment.

Regional players

• Speedy Hire: UK-based equipment hire company with refrigeration and HVAC rental offerings alongside broader tool and plant hire. Comparable as a UK-headquartered equipment rental specialist serving similar commercial and events customers.

Broad incumbents

• Sunbelt Rentals: One of the largest equipment rental companies in North America with a refrigeration and climate control division. Comparable as a broad incumbent offering commercial refrigeration rental at greater scale and geographic reach.
• United Rentals: Largest equipment rental company in the world, with specialty climate solutions and refrigeration offerings serving industrial and commercial customers. Comparable as a deep-pocketed broad incumbent.
• Herc Rentals: North American full-line equipment rental provider with climate control and refrigeration solutions. Comparable to Lowe as a broad-based rental operator with refrigeration capabilities.
• Carrier Global: Global leader in HVAC, refrigeration, and cold chain solutions. Comparable as an incumbent refrigeration OEM increasingly moving into service, monitoring, and managed-service offerings adjacent to Lowe's RaaS model.
• Trane Technologies: Global climate solutions company including commercial and industrial refrigeration. Comparable as an established refrigeration and HVAC incumbent whose service and connected-solutions strategy overlaps with Lowe's LoweConex platform.
• Thermo King (Trane): Refrigeration transport and cold-chain solutions provider owned by Trane Technologies. Comparable as an incumbent refrigeration specialist whose transport and cold-chain focus overlaps with adjacent parts of Lowe's customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/lowerental
• YouTubeyoutube.com/channel/UCwKJElkTePj9LdDMdIiXH2w
• Facebookfacebook.com/LoweRental
• LinkedInlinkedin.com/company/lowe-rental
• Instagraminstagram.com/lowerentalofficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lowe Rental