NORTHBROOK, Ill., Sept. 13, 2022 /PRNewswire/ — Amsterdam-based Hilco Industrial Acquisitions, B.V., an working firm of U.S.-based Hilco Global, introduced at this time the sale of all property at ThyssenKrupp Heavy Plate Rolling Mill facility situated in Duisburg-Hüttenheim, Germany to an Asian Steel Producer. The sale comes solely six months after Hilco Industrial Acquisitions, B.V. first acquired the Heavy Plate Mill from Thyssen Krupp Steel Europe.
Europe’s second largest metal producer, ThyssenKrupp, shuttered the German facility in September 2021. During its operation, the heavy plate rolling mill facility produced roughly 850,000 metric tons of metal which was used for shipbuilding, offshore and heavy fabrication building manufacturing. In addition to the very massive Hot Rolling Mill, different objects on the market included late mannequin furnaces, hot- and cold-levelers, hot- and chilly shears, quenches, inline ultrasonic inspection, shotblasting/priming, and quite a few flame and plasma slicing machines.
Information in regards to the property and extra particulars on the mission might be learn right here hilcohia.com
Relocation work will begin after this summer time and roughly 22,000 metric tons of equipment and tools will likely be faraway from its location in Duisburg-Hüttenheim, Germany to Asia.
Robert Bouland, Managing Partner at Hilco Industrial Acquisitions, B.V., acknowledged, “We knew the acquisition represented an outstanding opportunity for buyers seeking to purchase high-quality, late model machinery used in a combined roughing and finishing mill.” Bouland added, “We are pleased to have had such strong interest in the mill, allowing us to close the sale of ThyssenKrupp in just six months.”
Hilco Industrial Acquisitions, B.V. continues to develop their acquisition portfolio in the mill tools area. This sale is the second Heavy Plate Mill offered by the corporate in the final 2 years. Hilco Industrial Acquisition not too long ago offered the two million ton per yr Dongkuk Steel Heavy Plate Mill from Korea in February 2021, in addition to the 2015 Danieli Rebar Mill at Posco SS Vina in Vietnam in September 2021. Most not too long ago, Compania Siderurgica Huachipato S.A. (CAP ACERO) from Chile has engaged the corporate to promote metal and rolling mill tools not wanted in CAP ACERO’s persevering with operations.
Enabling file breaking options such because the Thyssen Krupp mission is Hilco Global’s sturdy industrial industrial platform that merges our Valuation, Advisory, and Monetization practices to create next-level capital options for its prospects, offering artistic and customised options to match each state of affairs.
About Hilco Industrial Acquisitions, B.V.: Hilco Industrial Acquisitions, B.V. (www.hilcohia.com) is predicated in Amsterdam in the Netherlands and supplies industrial asset acquisition and disposition providers, specializing in equipment, tools and stock auctions and negotiated gross sales. It sells the broad vary of business property discovered in manufacturing, wholesale, and distribution corporations. The firm buys and sells property via on-site, on-line and mixture webcast public sale sale occasions in addition to negotiated (personal treaty) gross sales. In addition to offering providers on a payment or fee foundation, Hilco Industrial Acquisitions, B.V. places capital in danger and infrequently acquires property or supplies ensures.
Hilco Industrial Acquisitions, B.V. is a part of Northbrook, Illinois primarily based Hilco Global (www.hilcoglobal.com), the world’s main authority on maximizing the worth of business property by delivering valuation, monetization, advisory, and capital options to an worldwide market. Hilco Global operates greater than twenty specialised business models providing providers that embody asset valuation and appraisal, retail and industrial industrial stock acquisition and disposition, actual property repositioning and renegotiation, strategic advisory, operational consulting, and strategic capital options.
Photo – https://mma.prnewswire.com/media/1897697/Heavy_Plate_Mill.jpg
Logo – https://mma.prnewswire.com/media/1167212/Hilco_Global_Asset_Smarter_Logo.jpg
