BACKGROUND :
STK was manufacturer of medium size Sheetmetal Parts.
TYPE OF SALE :
– Private Treaty Sales- Online Auctions
EQUIPMENT :
Wide range of TRUMPF Lasercutting, (Laser) Punching, CNC Pressbrakes and Shears.As well as Mechanical and Hydraulic Stamping Presses, CNC Machine Tools etc.
TRANSACTION :
The Insolvency Administrator was looking for a buyer who would pay a strong price and removed the Machinery & Equipment from the Buildings in time. Hilco offered him the right price and was able to remove everything on time, so the new owner could move into the Buildings.
HIGHLIGHT :
Immediately after purchasing the assets, Hilco prepared an Online Auction and sold the major machines by Private Treaty and removed everything within a period of 5 months. Buyers came from Germany, the Netherlands, Belgium, Sweden, Italy and Turkey.
CONCLUSION :
It did not take us long to sell and remove all Machinery & Equipment, despite changed market conditions. We did notice that there were lesl buyers for the equipment than we experienced during similar sales in the last few years.
