Pt. Coates Hire Indonesia

What Pt. Coates Hire Indonesia does

PT Coates Hire Indonesia is a private industrial equipment rental and services company headquartered in Balikpapan, East Kalimantan, operating across Indonesia since 1992. The company is one of the largest industrial hire operators in the country, generating rental revenue from dewatering pumps (low to extra-high head), power generators (8 to 700 kVA), lighting towers (including MSLED mine-spec and CS2000 LED), air compressors (180 to 1000 cfm), welding machines, and access/material handling equipment, alongside offshore-certified compressors and gensets. It monetizes through a multi-stream model: short- and long-term equipment rental, authorized sale of Denyo products (generators, welding machines, dewatering pumps, lighting towers), used equipment sales, parts and consumables supply, and overhaul/rebuild services performed at a workshop facility in Balikpapan.

The company serves enterprise customers in four primary verticals: mining (including Vale Indonesia, Freeport, MacMahon), construction, oil and gas (Petronas, SLB, Halliburton), and geothermal energy (Sarulla, Sorik Marapi), with a secondary manufacturing/industrial segment. Distribution is executed through a six-branch direct network (Balikpapan, Surabaya, Pekanbaru, Soroako, Sangatta) plus a Jakarta representative office, with embedded personnel at customer sites and an offshore-qualified technical team supporting international deployments. The company is the authorized distributor and after-sales service center for Denyo products in Indonesia, a partnership formalized through a 2025 MOU with Denyo United Machinery.

Since April 2, 2024, PT Coates Hire Indonesia has been majority-owned by Mitsubishi Corporation, with Kawan Lama Group as a minority shareholder, following acquisition from former parent Coates Australia. Governance is led by President Director Katagiri, COO Rahmad Matondang, and CFO Agung Wastuadji, supported by regional operations, HSE, logistics, and sales executives. The company announced a rebrand to DiamondHire Group effective January 1, 2026, signaling a strategic repositioning aligned with Mitsubishi Corporation's standards of professionalism and a broader solutions orientation across Indonesia's mining, energy, oil and gas, construction, and industrial sectors.

Name

Pt. Coates Hire Indonesia

Legal name

PT Coates Hire Indonesia

Website

https://www.ptcoates.com

Company type

Private

Founded year

1992

Operating status

Operating

Short description

PT Coates Hire Indonesia is an Indonesian industrial equipment rental and services company, backed by Mitsubishi Corporation, specializing in dewatering pumps, power generators, lighting towers, and air compressors for mining, construction, oil and gas, and geothermal sectors.

Ownership category

akta.pro rank

Product category

Industrial Equipment Rental Services

SIC

Services-Miscellaneous Equipment Rental & Leasing (7350), Wholesale-Professional & Commercial Equipment & Supplies (5040)

akta.pro primary industry

Material Handling Equipment Rental/Leasing (Forklifts, Telehandlers, Reach Trucks) (TLABAFAF)

akta.pro secondary industry

Site Services & Temporary Infrastructure Rental/Leasing (Portable Toilets, Fencing, Storage Containers) (TLABAFAH)

Keywords

• Industrial equipment rental
• Dewatering pump hire
• Power generator rental
• Mining equipment services
• Offshore equipment supply

Headquarters

HQ city

Balikpapan

HQ country

Indonesia

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Equipment Hire/Rental: Short- and long-term rental of industrial equipment including dewatering pumps, lighting towers, power generators, air compressors, welding machines, and access/material handling equipment. Supports mining, construction, Oil & Gas, geothermal, and other industrial applications.
2. Equipment Sales & Dealership: Sale of new equipment including Denyo products (generators, welding machines), dewatering pumps, and lighting towers through authorized dealership agreements.
3. Parts, Consumables & After-Sales Service: Supply of spare parts and consumables, plus authorized after-sales service center operations for Denyo products, including repair, overhaul, and maintenance.
4. Used Equipment Sales: Sale of pre-owned industrial equipment including access/material handling, air compressors, dewatering pumps, lighting towers, power generators, and welding machines.
5. Overhaul & Rebuild Services: Workshop-based equipment overhaul and rebuild center providing restoration services for fleet equipment.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

PT Coates Hire Indonesia provides industrial equipment rental, sales, and after-sales services across Indonesia. Core offerings include short- and long-term hire of dewatering pumps, power generators (8-700 kVA), lighting towers, air compressors, welding machines, access/material handling equipment, and offshore-certified equipment, complemented by authorized Denyo dealership sales, used equipment sales, parts supply, and overhaul/rebuild services for mining, construction, oil and gas, geothermal, and industrial customers.

Product overview

PT Coates Hire Indonesia operates as an equipment rental and services company offering a diversified portfolio of industrial equipment. The core offering centers on equipment hire across multiple categories: dewatering pumps (low head, medium high head, and extra high head specifications), power generators (8-700 kVA range from Denyo and Cummins), lighting solutions (CS2000 LED and MSLED mine-spec towers), welding machines, air compressors, access/material handling equipment, and offshore-certified equipment. The company also operates as an authorized Denyo distributor and after-sales service center, selling new Denyo products including generators and welding machines. Additionally, the company offers used equipment sales, parts & consumables, and overhaul/rebuild services. The company was acquired by Mitsubishi Corporation in April 2024 and is rebranding to DiamondHire Group effective January 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Equipment Hire Services Comprehensive short- and long-term industrial equipment rental service covering dewatering pumps, lighting towers, power generators, welding machines, air compressors, access/material handling equipment, and offshore-certified equipment for mining, construction, oil and gas, and geothermal customers.
• Sales & Dealership (Denyo and Other Brands) Sale of new industrial equipment including Denyo generators and welding machines, dewatering pumps, and lighting towers through authorized distributor status for Denyo in Indonesia.
• Used Equipment Sales Sale of pre-owned industrial equipment including access and material handling machines, air compressors, dewatering pumps, lighting towers, power generators, and welding machines.
• Parts & Consumables Supply of spare parts and consumables for all equipment categories, ensuring availability of maintenance and repair parts for customer and fleet equipment.
• Overhaul & Rebuild Center Workshop-based equipment overhaul and rebuild services that restore fleet equipment to extend service life and maintain performance standards.
• Authorized After-Sales Service Center (Denyo) Official authorized after-sales service for Denyo products in Indonesia, providing warranty and post-warranty service, repair, and overhaul of Denyo power generation and welding equipment.

Named customers11 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

Feature6 records

Partnerships

Four partnerships are on record, tiered minor and core.

• SCHWAGER Service ChileminorStrategic or Co-development Partner · 22 July 2025SCHWAGER Service Chile participated in Denyo Day 2025 hosted by Coates Indonesia in Balikpapan, representing Denyo's global service network and demonstrating international collaboration.
• Denyo Co., Ltd.coreTechnology or Integration · 1 January 2025Coates Indonesia appointed as authorized distributor and authorized after-sales service center for Denyo products in Indonesia, covering engine generators, engine-driven welding machines, air compressors, and other product lines. Denyo, headquartered in Japan, is a leading manufacturer of power generation equipment. Coates Indonesia leverages its technical expertise to deliver comprehensive after-sales support.
• Denyo United Machinery Pte LtdcoreTechnology or Integration · 1 January 2025Coates Indonesia signed a memorandum of understanding (MOU) with Denyo United Machinery Pte Ltd, marking a significant step in strengthening Denyo's service footprint across the Indonesian market. Denyo United Machinery coordinates Denyo's Southeast Asia operations and participated in Denyo Day 2025 at Coates Indonesia.
• Coates Australia (Former Shareholder)OthersFormer parent company of Coates Indonesia. Coates Australia sold its Indonesia operations to Mitsubishi Corporation on April 2, 2024. Previously, Coates Indonesia operated as part of the Coates Australia group for over 30 years.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Regional players

• Hexindo Adiperkasa: Indonesian distributor of Hitachi heavy equipment serving mining, construction, and forestry. Competes for similar blue-chip customers in Indonesia with equipment sales and after-sales service, though focused more on distribution than rental.
• PT United Tractors: Indonesia's largest heavy equipment distributor (Komatsu) and mining contractor (Pama). Competes in the same Indonesian mining and construction customer base and offers equipment rental and after-sales service alongside heavy machinery distribution.
• PT Trakindo Utama: Authorized Caterpillar dealer in Indonesia providing heavy equipment sales, rental, and service. Closest Indonesian competitor in mining and construction equipment rental with comparable blue-chip enterprise customer base.

Broad incumbents

• Ashtead Group (Sunbelt Rentals): Second-largest global equipment rental operator via Sunbelt Rentals. Comparable in multi-category industrial rental model and end-market exposure, providing benchmark for valuation and capital efficiency in the rental industry.
• Atlas Copco: Swedish industrial equipment manufacturer with significant rental and specialty rental division covering compressors, power, and construction tools. Overlaps with Coates in air compressors, generators, and tool rental across mining and O&G.
• Caterpillar (Cat Rental): Global OEM with a substantial rental network through Cat Rental and dealer channels. Indirectly comparable as a benchmark for industrial equipment rental economics and as a competitor via its authorized Indonesian dealer (Trakindo).
• United Rentals: World's largest equipment rental company. Provides direct comparison on rental business model, fleet management, and customer concentration in industrial end-markets, though operating at vastly larger scale and geographic breadth.
• Herc Rentals: US-focused industrial and equipment rental provider (spun off from Hertz). Comparable multi-category rental model serving construction, industrial, and infrastructure markets with similar fleet renewal and capital intensity dynamics.

Direct peers

• Aggreko: Global leader in temporary power generation rental, also serving oil & gas, mining, and events. Directly comparable as a multi-category industrial equipment rental specialist with similar end-market exposure to resources and construction.
• Coates Hire (Australia): Former parent company of Coates Indonesia until the April 2024 Mitsubishi acquisition. Operates the same industrial equipment rental model (generators, pumps, lighting, material handling) across Australia, with directly transferable operational and customer-overlap profile.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Pt. Coates Hire Indonesia