BACKGROUND :
Supplier of heavy machined parts (up to 200 Tons) to the Oil and Gas, Energy, Shipbuilding, Wind Power, Defense and Plastic Molding Industry.
TYPE OF SALE :
Private Treaty Sales.
EQUIPMENT :
Late model large heavy duty CNC Horizontal and Vertical Boring Mills and medium duty Horizontal Turning & Milling Machines.
TRANSACTION :
When Machinefabriek Amersfoort became a member of the Marinoffs Group, the group reorganized their machinery capacity and decided to sell most of the Horizontal and Vertical Boring Mills as well as two medium seized Horizontal Turning Centers to Hilco for an upfront payment.
HIGHLIGHT :
Hilco organized Private Treaty Sales and sold all machines within 4 months to buyers from Italy, France, Czech Republic, Netherlands, while the largest Horizontal Boring Mill was sold to a Chinese Buyer.
CONCLUSION :
It took us 6 months to sell & remove all Machinery & Equipment to the satisfaction of Sellers.