Maynards to sell entire contents of Israel?s VRT Power facility
Global liquidation specialists Maynards are to sell the complete contents of VRT Power in Israel. The project will include logistics partners offering turnkey solutions to relocate and recommission equipment and test facilities.
(PresseBox) - The sale creates a unique opportunity for manufacturers of power transformers ? particularly in countries with fast-developing economies where demand is high ? to augment facilities and production by acquiring assets from a leading global development, design, manufacturing and test company of power, distribution, mobile, rectifier & furnace transformers.
Founded in 1948, VRT Power has supplied 1,500 power transformers, with additional specialist production of mobile substations and distribution transformers. It has an extensive customer base in the United States, where it exports 70% of its production, and registers annual sales of tens of millions of dollars.
Now VRT Power is to divest the assets as it closes its factory close to Tel Aviv airport and ceases operations.
Those assets include manufacturing capabilities up to
The sale will include all manufacturing and test equipment, cranage, IP, stock, trade names and design specifications.
With more than a century?s experience in providing liquidating, appraising and financing expertise for its customers, Maynards operates in a number of sectors. As the largest automotive facility machine equipment auctioneer and liquidator in the world, in recent years it has
The company is also a major operator in the field of Used Machinery Equipment, managing projects worth hundreds of millions of euros via a global office network.
Modern production and handling equipment supplied by German, Swiss & Italian suppliers in the VRT Power sale includes:
GEORG
(20+) Winders including nine vertical from&
Seven radio-controlled overhead travelling cranes up to 600 Tonne capacity
Mobile air-cushioned lift transporters including
(3) Vapour phase ovens, including
Complete testing facility up to 2400kV BIL, 50-60Hz, with 150MVA capacitor bank
Internal Transport and Fork trucks, including&
40,000 different stock items of raw materials
Designs, Drawings, Supplier agreements and IP
?Effectively we are selling a complete turnkey solution to manufacture power transformers,? said Daniel Gray, Managing Director (UK) of Maynards Europe. ?Global electrical requirements are increasing, especially in India, so the offering should be attractive in such regions, especially as Maynards can play an instrumental role in relocation and the recommissioning of machinery and equipment for interested buyers.?
www.maynards.com
Founded in 1902 as a fine arts and furnishings auction business by the Maynards family in Victoria, British Columbia, our expertise in the machinery and equipment industry spans over a century. From our beginnings as a single store front auction house, to our current global footprint, Maynards has continuously enhanced our liquidating, appraising, and financing expertise for the benefit of our customers. Whether a single asset valuation or a multilocation liquidation, Maynards is committed to providing our customers insights and options ? including turnkey solutions ? to help inform their procurement, divesture, and capitalization of machinery and equipment decisions.
The recipe for success in the used machinery and equipment industry is a combination of experience, integrity, research, relationships, and initiative.
Maynards leverages more than a century of developing these important ingredients, which has enabled us to consistently deliver the highest returns and value to our customers. We do this by combining traditional sales methods with innovative marketing strategies, contrasting the prevailing forces of supply and demand with our database of historical comparables, and offering customizable financing structures to meet the needs of our customers.
www.maynards.com
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Founded in 1902 as a fine arts and furnishings auction business by the Maynards family in Victoria, British Columbia, our expertise in the machinery and equipment industry spans over a century. From our beginnings as a single store front auction house, to our current global footprint, Maynards has continuously enhanced our liquidating, appraising, and financing expertise for the benefit of our customers. Whether a single asset valuation or a multilocation liquidation, Maynards is committed to providing our customers insights and options? including turnkey solutions ? to help inform their procurement, divesture, and capitalization of machinery and equipment decisions.The recipe for success in the used machinery and equipment industry is a combination of experience, integrity, research, relationships, and initiative.Maynards leverages more than a century of developing these important ingredients, which has enabled us to consistently deliver the highest returns and value to our customers. We do this by combining traditional sales methods with innovative marketing strategies, contrasting the prevailing forces of supply and demand with our database of historical comparables, and offering customizable financing structures to meet the needs of our customers.www.maynards.com
Datum: 07.04.2020 - 03:55 Uhr
Sprache: Deutsch
News-ID 1557317
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