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Heritage Global Partners to Partner with The Branford Group & Williston Asset Management to Conduct Auction of Late Model Surplus Assets From a Leading Manufacturer of Wind Turbine Blades
Rhea-AI Impact
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Rhea-AI Summary
Heritage Global Partners has announced an online auction for surplus assets from Molded Fiber Glass Companies, set to run from December 14 to December 15, 2021. The auction will include high-value items such as straddle carriers and overhead bridge cranes, with a new cost listed at $1.5 million for certain equipment. This event is expected to attract significant buyer interest, as emphasized by Senior VP Matt DelGuidice. The auction details are available on their website.
Positive
The auction features high-value assets, potentially generating significant revenue.
Expectations of high buyer interest could lead to successful sales.
SAN DIEGO--(BUSINESS WIRE)--
Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (Nasdaq: HGBL), today announced, that in conjunction with The Branford Group and Williston Asset Management, it will conduct an online auction of late model surplus assets from a Molded Fiber Glass Companies’ Aberdeen, South Dakota site.
The online auction will open on December 14, 2021 and will close on December 15, 2021. The sale catalog is currently posted with equipment photos, descriptions and links to the auction registration.
Matt DelGuidice, Senior Vice President at HGP commented, “This is a great opportunity to buy well maintained assets from a world class operation, in a spotless environment. The assets are like new and we expect tremendous buyer interest. Register early and don’t miss out on this opportunity.”
Key Assets Include:
2016 Combilift Model SC3T Straddle Carrier (Telescopic), 45,000 Lb Cap/20 Ton
(10) – 2010 Contrax Cranes Overhead Bridge Cranes
(3) 2016/2017 Hedrich Infusion Vacuum Systems Model VIA 32L (New Cost $1,500,000.00)
2014 Eastman Conveyor Cutting System, Model Eagle C125
2014 Eastman Model ETS EC3 Continuous Conveyor Automatic Cutting System
About HGP
Heritage Global Partners, Inc. Is a subsidiary of Heritage Global Inc. (NASDAQ:HGBL) and one of the world’s largest industrial auction firms, providing asset valuation, acquisition and disposition services.
About Heritage Global Inc. Heritage Global Inc. (NASDAQ: HGBL) is an asset services company specializing in financial and industrial asset transactions. The company provides a full suite of services including market making, acquisitions, dispositions, valuations and secured lending. Heritage Global focuses on identifying, valuing, acquiring and monetizing underlying tangible and intangible assets across twenty-eight global sectors. The company acts as an adviser, as well as a principal, acquiring or brokering turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property, and entire business enterprises.
About The Branford Group The Branford Group is a global industrial auction and valuation business with proficiency across a wide array of industries, and the unparalleled expertise to match buyers and sellers around the world.
About Williston Asset Management:
Williston Asset Management is a group of appraisers, auctioneers, engineers and logistics experts. We specialize in on-site/online auctions, professional evidence-based appraisals, liquidations, repossession and multiple tiers of asset management.
