Issue: Feb 2009


Huge automotive machinery sale



DELPHI AUTOMOTIVE SYSTEMS ESPAÑA.

by Steve Barclay

In February 2007 DELPHI AUTOMOTIVE SYSTEMS ESPAÑA in Puerto Real
(Cádiz-Spain) has announced the closure of their plant (70.000 sqm
production area, over 2000 production / assembly machines ) and in April
2007 applied to go into administration.

In the modern plant in Spain DELPHI, one of the world's largest automotive
parts manufacturers, has produced i.e. shock absorbers, rack & pinion
steering gear, drive axles, and wheel bearings for all major car
manufacturers.

TROOSTWIJK Auctions, the European industrial auctioneer and valuer and
Branford Auctions, the American industrial auctioneer, are selected to
organize the disposal of all industrial equipment present in the huge plant
in Puerto Real.

The sale of the assets will take 10 months through private treaty sales and
auction sales. 

The live auction sale is scheduled for April 21 and 22 with the support of online webcast bidding and two online sales are planned for May 6th and 7th.
Viewing and inspection for the live auction will take place on April 16th and 17th as well as April 20th; for the online sales there is a viewing day on April 28th.

Wim Dieker, CEO of TROOSTWIJK Auctions says: “ We are proud to be
selected as the exclusive broker, together with Branford, to sell the very
late machinery of the DELPHI plant in Puerto Real. TROOSTWIJK is the
leading European auctioneer and valuer and has a huge experience in
large scale projects like this. Projects as Fokker Aircraft, Sabena and Swiss
Air have been completed by us. This project is very important for us,
because we assume more automotive plants are going to be closed the
coming year and therefore we are able to maintain and upgrade our
experience in this specific field.” 

Come to the sale

http://www.troostwijkauctions.com/UK/Sale/12085/DELPHI_AUTOMOTIVE_SYSTEMS_ESPANA_SLU.aspx?utm_source=ai&utm_medium=press&utm_campaign=delphi

For more information:
TROOSTWIJK S.L.,
www.troostwijkauctions.com  
08021 BARCEKONA - SPAIN
Tel. +34 93 2406118
Fax +34 93 2406119
Email: info@troostwijk.es


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