Australian Automotive Manufacturing Plants Shutting Down Operations
Hilco Industrial Acquisitions B.V. (www.hilcoind.com) announced today that it will lead the disposition process for a massive machinery and equipment asset sale which will effectively shut down the automobile manufacturing business on the Australian Continent. The sale comes because of the recent closure of all Toyota Australia manufacturing operations, the last remaining auto production facility remaining on the continent.
This unprecedented auto equipment sale will include all the key production shops and vendors that have been part of the manufacture of cars in Australia for over 60 years. All the equipment will be offered for sale via private treaty from their production shops including aluminum casting, furnaces, engine line machining, assembly, robotic automation, presses, extruders, plastic injection molding machines, welding lines and plant services. Certain key machinery and equipment items will be offered for sale via an online auction including maintenance workshops and general equipment. The auction will be conducted by Grays Online (www.graysonline.com), a JV partner with Hilco Industrial Acquisitions B.V.
To learn more about this automobile manufacturing equipment sale a special website has been set up: www.australia-automotive.com or at #australiaautomotive.
Offers are invited on all the major equipment and can be made up until October 3, 2017. Negotiations and sales begin immediately. All the equipment offered in this massive sale is available for inspection by appointment only. Please contact: Ernst Rost Onnes (erostonnes@hilcoglobal.com) immediately to schedule appointments.
Robert Bouland – CEO of Hilco Industrial Acquisitions B.V. said, “There has never been a sale conducted of this magnitude with such an abundance of state of the art manufacturing equipment. While it is unfortunate to see the industry in Australia shut down operations, this sale presents a very significant opportunity for those seeking to acquire critical production equipment to augment their facilities.” Mr. Bouland indicated that the demand globally has been extremely high, especially with the Asia – Pacific region and Europe. He added, “We expect that as we begin to publicize the sale, the North American interest will grow rapidly.”
Sales begin immediately. The equipment offered in the private treaty sale includes all categories of production. All key suppliers and vendors in the sale include the following: Toyota Altona Car Manufacturing Plant; Toyoda Gosei Australia; Continental Pty Ltd.; Britax Childcare; Metalsa Australia; ROH Automotive; Toyota Boshoku Australia; Chassis Brakes International; and Denso Automotive Systems Australia.
To arrange an inspection appointment, access more detailed information about the assets being sold, or learn specific information about the private treaty sale process, please contact: Ernst Rost Onnes toyota@hilcoglobal.com or go to www.australia-automotive.com or #australiaautomotive for more details.
About Hilco Industrial: Hilco Industrial Acquisitions B.V. (www.hilcohia.com) provides industrial asset acquisition and disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale and distribution companies. Hilco Industrial buys and sells assets through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales. In addition to providing services on a fee or commission basis, Hilco Industrial puts capital at risk and often acquires assets or provides guarantees. Hilco Industrial is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world’s leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. In 2014, Hilco Industrial LLC and CBI (Core Business Industries) formed a joint venture called Hilco Industrial Acquisitions B.V. (Amsterdam) to buy distressed industrial assets, liquidate those which are no longer needed and continue the lucrative operations. Hilco Industrial Acquisitions B.V. is in Europe, Asia and Australia.
About GraysOnline: GraysOnline (www.graysonline.com.au) is the largest industrial and commercial online auction business in Australasia, offering a huge range of industrial, consumer and commercial goods, direct from manufacturers and distributors. GraysOnline offers buyers great value and convenience and our vendors an efficient sales channel to unlock value from their assets. GraysOnline selling platform and commitment to first-class customer service make buying and selling easy, efficient, fair and transparent. For nearly 100 years, GraysOnline has helped buyers and sellers connect. GraysOnline provides full national coverage across Australia and New Zealand with main offices in Sydney, Melbourne, Adelaide, Brisbane, Darwin, Perth, Auckland and Christchurch, covering approximately 60,000 sqm of warehouse space, 120,000 sqm of yard space and over 38 additional smaller sites and regional depots. Through our international network, we can access networks of buyers and sellers in Asia, the Middle East, Africa and Europe.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170621005110/en/
Contact information
Hilco Global
Gary C. Epstein
EVP – Chief Marketing Officer
gepstein@hilcoglobal.com
www.hilcoglobal.com
+1
847 418 2712
About Business Wire
Business Wire(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
H.I.G. Capital Announces the Sale of DGS S.p.A.11.6.2024 12:00:00 CEST | Press release
H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $62 billion of capital under management, is pleased to announce that an affiliate has signed a definitive agreement to sell its portfolio company, DGS S.p.A. (“DGS” or the “Group”), a leading firm in the Italian Information Technology market, to DGS Co-Founders and management team in partnership with ICG, a global alternative asset manager. Since its inception in 1997, DGShas supported blue-chip customers in the design, integration, and maintenance of complex IT systems, with a specialization in digital transformation and cybersecurity services. The Group currently has over 1,900 employees, revenues of approximately €300 million, and maintains a group of highly loyal clientele. During H.I.G.’s ownership, DGS has tripled in size and consolidated its position as a leading Italian firm in cybersecurity services and digital transformation. DGS offers its clients sophisticated and proprietary digital transformation
Evertas Names Nick Selby Head of European Underwriting11.6.2024 12:00:00 CEST | Press release
Evertas, the world’s first crypto insurance company, has named Nick Selby as its new Head of European Underwriting. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611141887/en/ Nick Selby, Executive Vice President and Head of European Underwriting at Evertas (Photo: Business Wire) Selby, an accomplished information and physical security professional, brings two decades of expertise in public and private sector information security, physical security, and complex incident handling, as well as seven years of experience leading teams securing billions of dollars in cryptoassets. Previously, his roles included VP of the Software Assurance Practice at Trail of Bits, Chief Security Officer at Paxos Trust Company, and Director of Cyber Intelligence and Investigations at the NYPD Intelligence Bureau. “Nick is an extremely valuable addition to our European team,” said Evertas CEO and Co-Founder J. Gdanski. “His public and private
Owlet utvider globalt fotavtrykk med lanseringen av medisinsk-sertifisert Dream Sock™ i Storbritannia og over hele Europa11.6.2024 11:00:00 CEST | Pressemelding
Owlet, Inc. («Owlet» or the «Company») (NYSE:OWLT), pioneren innen smart spedbarnsovervåking, kunngjør i dag den britiske og europeiske lanseringen av Dream Sock. Dette er en smart babymonitor med levende helseavlesninger og varsler for friske spedbarn mellom 0-18 måneder og 2,5-13,6 kg. Dette innovative medisinske utstyret gir foreldre helse og viktig informasjon i sanntid, noe som gir uovertruffen trygghet. Denne pressemeldingen inneholder multimedia. Se hele pressemeldingen her: https://www.businesswire.com/news/home/20240611820341/no/ (Photo: Business Wire) «Vi er svært stolte over å lansere Dream Sock til omsorgspersoner over hele Storbritannia og Europa og gi millioner av foreldre mer trygghet mens babyen sover,» sa Kurt Workman, Owlets administrerende direktør og medgründer. «Dream Sock er nå et globalt produkt som er anerkjent som medisinsk nøyaktig og trygt, etter å ha gjennomgått regulatoriske autorisasjoner og sertifiseringer innenfor flere geografier. I dag er misjonen vår
V-Nova Surpasses 1000 Patent Milestone in Media Technology Innovation11.6.2024 10:00:00 CEST | Press release
V-Nova, a leading provider of data compression solutions, video compression technology, XR technology, AI acceleration and parallel processing for a multitude of industries including media and entertainment, today announced its milestone achievement of 1000 active technology patents. This accomplishment underscores V-Nova’s dedication to research and development and its commitment to protecting its intellectual property globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611724561/en/ V-Nova’s patent portfolio spans more than 50 different jurisdictions. Including over 400 patents in Europe, over 200 in the Americas, over 100 in the United States specifically, and over 200 in Asia. V-Nova forged new directions in data processing to enhance digital experiences, maximize efficiency, reduce costs, and increase sustainability. The company leads the way with key international data compression standards for the video indust
Alipay+ Reveals Top Scorer Trophy Design for UEFA EURO 2024™11.6.2024 09:24:00 CEST | Press release
Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International and an Official Partner of UEFA EURO 2024™, today revealed the trophy that will be awarded to the most prolific marksman at the UEFA EURO 2024™ finale on July 14 in Berlin, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240610328619/en/ The UEFA Top Scorer Trophy presented by Alipay+ is unveiled for UEFA EURO 2024™ (Photo: Business Wire) Sculpted in the shape of the Chinese character “支” (pronounced zhi, and meaning payment as well as support), the trophy reflects Alipay+’s dedication to supporting consumers to enjoy seamless payment and a broad choice of deals using their preferred payment methods while traveling abroad. The character also resembles the fleeting moment of a barefooted striker poised to shoot, evoking the original beauty and power of football – a game that united people across the wo