MWL APPARATEBAU GMBH, GRIMMA, GERMANY

BACKGROUND :

Manufacturer of: Reactors, Columns, Hi-Pressure Vessels up to diam. 5 Meter, length 65 M, wall thickness 80-100 mm.

TYPE OF SALE :

- Webcast / onsite Auction
-Online Auction

EQUIPMENT :

Fabricating: Bending Rolls, Welding Columns, Positioners, Rotators, Machine Tools, Deephole Drilling, Boring Mills, Lathes, Rolling Stock, Material.

TRANSACTION :

When the Insolvency Administrator decided to close down the operations, he asked a number of companies to propose a sales strategy for the Machinery & Equipment. Hilco was the only company proposing a plan, which included full payment for the Machinery & Equipment upfront.

HIGHLIGHT :

Hilco organized a one major AUCTION event and Private Treaty Sale over a 4 months period to buyers from all over Europe, Middle East, and Asia.

CONCLUSION :

It took us 6 months to sell, dismantle and remove all Machinery & Equipment to great satisfaction of the new owners of the real estate.

MWL