Business Wire China | 24 Oct 2013 5:32pm
ROSTOCK, Germany–(BUSINESS WIRE)–Hilco Global and CBI Industrial Asset Management, the two global leaders in industrial asset management, announced that they are the exclusive firms managing the sale of the world class DMR Produktionsgesellschaft facility in Rostock, Germany. The assets will be offered for sale through a series of auctions and negotiated sales commencing in December 2013. Details can be found on www.hilcoind.com.

DMR manufactured large high precision components for companies such as Siemens, MAN Diesel and Nordex in transportation, power generation, marine propulsion and turbine industries. 36 Extremely large ultra-modern state-of-the-art CNC machining centers, 3D laser and inspection capabilities are housed in 20,000 m2 of unique space with a part capacity of 130 tons.

Both Daniel Gray and Robert Bouland, Managing Directors of Hilco and CBI respectively, stated that this is a historic event and never before seen opportunity to acquire such quantities of large capacity and state-of-the- art equipment under one roof. “No money was spared when ordering these machines as they have every conceivable option and accessory” they stated.

The joint venture between Hilco and CBI provides immediate ease and access for an international group of buyers to participate in a series of sales events commencing in December, 2013.

About Hilco and CBI:

The two participating world-leading industrial asset management firms have extensive expertise in managing surplus capital asset sales including acquisition, disposition and valuation services, assisting both large and small companies with buying and selling assets. For further information please visit their respective websites at www.hilcoind.com and http://www.cbiworld.com.