Largest Automotive Equipment Sale in History Begins as 10 Automotive Manufacturing Plants Run out of Gas on the Continent
AMSTERDAM, June 21 (Bernama-BUSINESS WIRE) -- 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 end the entire 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 of 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 sold 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 sold 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.
AMSTERDAM, June 21 (Bernama-BUSINESS WIRE) -- 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 end the entire 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 of 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 sold 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 sold 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.
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