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NORYARDS BMV

BACKGROUND :

Shipyard of Offshore Supply Vessels

TYPE OF SALE :

Combination of Online Auction and Private Treaty Sales.

EQUIPMENT :

Fabricating Equipment, Pipe Shops, Welding Shops, Tower Cranes, Floating Cranes, Internal Transport Equipment, Containers, Tents Buildings, Shipyard Supplies etc.

TRANSACTION :

Noryards BMV went bankrupt in 2016, all assets were owned by the Landlord. We made the Seller a strong cash offer and purchased the assets in 2017.

HIGHLIGHT :

Hilco organized Private Treaty Sales as well as two ONLINE AUCTION events. Equipment was sold to buyers in Norway, Sweden, Estonia, Latvia, Holland, Denmark, Germany, Turkey and Singapore.

CONCLUSION :

It took us 6 months to sell & remove all Machinery & Equipment to the satisfaction of Sellers.