FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Hilco Industrial to Sell M&E Assets From Ford Facility in Belgium

September 30, 2015, 07:55 AM
Filed Under: Industry News

Hilco Industrial Acquisitions announced that due to closure, they have purchased assets formerly owned by Ford Werke GmbH located at the former Ford Motor Company Vehicle operations in Genk, Belgium.

Hilco Industrial Acquisitions will begin to sell these assets immediately through a Private Treaty Sale and the event is scheduled to go through November of 2015. Hilco Industrial directors have indicated that there has been substantial interest in the machinery and equipment at the facility from global buyers from Asia, Europe, North-and South America.

Following the private treaty sale, Hilco Industrial Acquisitions will also sell the assets through a public auction scheduled for November 10 2015. The Ford Genk Body & Assembly facility occupied 140 acres and had produced approximately 14 million vehicles during 50 years in operation. Ford Motor Company announced in late 2013 that they would shut down the factory. Some of the equipment offered for sale includes four transfer presses by Schuler, eleven tandem press lines, blanking lines and a wheel plant.

Hilco Industrial provides industrial asset acquisition and disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales.





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.