Hilco Industrial Acquisitions B.V. has announced that it will lead the disposition process for a massive machinery and equipment asset sale, effectively shuting down the automobile manufacturing business in Australian.
The sale is due to recent closure of all Toyota Australia manufacturing operations, the last remaining auto production facility remaining in the country.
This unprecedented auto equipment sale will include all the key production shops and vendors that have been part of the auto manufacturing industry in Australia for over 60 years.
All the equipment will be offered for sale 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 offered for sale via an online auction including maintenance workshops and general equipment.
The auction will be conducted by Grays Online.
Hilco Industrial Acquisitions B.V. CEO Robert Bouland said, “There has never been a sale conducted of this magnitude with such an abundance of state of the art manufacturing equipment.
"While it is unfortunate to see the industry in Australia shut down operations, this sale presents a very significant opportunity for those seeking to acquire critical production equipment to augment their facilities.”
Mr. Bouland indicated that the demand globally has been extremely high, especially with the Asia - Pacific region and Europe.
“We expect that as we begin to publicize the sale, the North American interest will grow rapidly.”
Sales begin immediately. The equipment offered in the private treaty sale includes all categories of production. All key suppliers and vendors in the sale include the following: Toyota Altona Car Manufacturing Plant; Toyoda Gosei Australia; Continental Pty Ltd.; Britax Childcare; Metalsa Australia; ROH Automotive; Toyota Boshoku Australia; Chassis Brakes International; and Denso Automotive Systems Australia.