Manufacturer of Aerospace Parts and part of the SNK Group, a well-known machine tool builder.
TYPE OF SALE :
Private Treaty Sale with an Online Auction Sale
SNK CNC Profilers- 5 Axis Hi Speed Machining Centers, SNK-Ikegai CNC Table Type Horizontal Boring Mills, CMM Measuring Machines and smaller machines.
SNK decided to close down this manufacturing facility and concentrate all machining in one location. Hilco made SNK an outright purchase offer for all of the Machinery & Equipment and did win the sale.
Hilco organized a Private Treaty Sale and an Online Auction for the smaller equipment. The major machines were sold to Korea and the USA, the smaller machines sold in Germany and Poland.
Within 4 months we are able to remove all Machinery & Equipment and cleaned up the buildings enabling SNK to return the Building to the Landlord well before the due date.