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Sale Farm Machinery Manufacturing Plant - Case Study

BACKGROUND

Our client, a leading US owned farm machinery manufacturer decided to close their plant in the UK and move production to Eastern Europe.

FARM EQUIPMENT MANUFACTURING

SOLUTION

We were instructed to provide a valuation of the surplus equipment and advise on sales strategy, in order to meet a tight deadline for clearing the factory following cessation of manufacturing operations.

After discussion with local management it was decided to offer all surplus assets for sale by Online Auction, allowing 4 weeks for cataloguing and marketing of the equipment and a further 10 days for site clearance following closure of the auction.

FARM MACHINERY

RESULTS

The Online Auction attracted extensive local, national and international interest, and all 200 lots sold for prices significantly in excess of our pre-sale estimates.

Site clearance was completed within 8 days and we were able to return the premises to the Landlord tidied, swept out and on time.

Contact Us

Please call us or email directly for a confidential discussion with no obligation. Alternatively, please complete the form below if you have any questions or to request a valuation or asset appraisal. For valuations/appraisals please also upload an image and provide further details of the asset (i.e. make, model, location, condition etc.).

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