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Sale of Bar Conditioning and Inspection Line - Case Study - Metal Processing

BACKGROUND

Our client, a leading Spanish Steel Maker, had invested in technology to inspect and check high grade steel bars for a specific project. After 10 years the project ended and the Inspection Line became surplus to requirement.

SOLUTION

We were approached to advise on valuation and disposal strategy, and after submitting a formal proposal we were appointed on a 6 month contract to market and sell the line.

Following a global marketing campaign a number of potential buyers inspected the line from both Europe and the Far East, and we were able to negotiate a sale to our client’s preferred buyer.

inspection line

RESULTS

Following agreement on terms we prepared appropriate contract documentation, ensured payment was made in full and on time, and assisted the buyer with logistical arrangements including dismantling the line and shipping from Spain.

To learn more about how can we help you with valuations and a disposal strategy, contact us today.

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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