Manheim appointed to manage IVECO Trucks Australia plant dispersal

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Image Credit: www.manheim.com.au
Media Release by Manheim Industrial

Manheim Industrial has been appointed to manage the disposal of plant and assets on behalf of IVECO Trucks Australia and in conjunction with joint venture partner Liquidity Services.

After 70 years IVECO Trucks Australia has announced it will cease local manufacturing at its Dandenong South truck assembly plant, switching its focus and expertise toward a fully imported range of models to meet the needs of Australian and New Zealand customers.

The vast Dandenong South facility will cease production in early July and Manheim Industrial will handle the complete end-to-end dispersal process, specifically the sale of all plant, machinery and assets.

The assets will be sold via Expression of Interest, Tender and online BidNow auctions at www.manheim.com.au. BidNow auctions are timed online auctions where bidders can place their maximum bid online 24/7.

– Expression of Interest for major assets open now and closing 29th July 2022.
– First online auction is 19th May – 24th May, 2022.
– Further online auctions and a scrap tender will be conducted July through October, 2022.

There’s a large variety of assets on offer throughout the duration of the process, the extensive list includes items such as:

– Wilkins-Perry 600T and 400T Mechanical Spotting Presses
– CNC Chassis Rail Plasma/Drill
– Various Overhead Travelling Gantry Cranes incl Demag
– Chassis Rail Paint Spray Booth and Bake Oven
– Small Parts Painting and Sand Blasting
– Automotive Workshop Equipment
– Welding equipment
– 2 Complete General Maintenance Workshops
– Press Brakes
– Guillotines
– Forklifts
– Plant Services, Compressors & Generators
– Spare Parts
– Pallet Racking and much more.

Adrian Paley, Head of Corporate, Manheim Industrial said “we expect significant interest in this sale campaign, this is a great opportunity for buyers across a wide offering of automotive manufacturing, engineering and general industrial assets. On the back of
partnering on the Cadbury, Pernod Ricard and MARS projects in NZ, the Manheim & Liquidity partnership is primed to demonstrate their automotive industry experience and help give the IVECO plant the send-off it fully deserves”.

Manheim are industry leaders in managing and promoting major event sales and boast Australia’s most experienced plant asset disposal team across the manufacturing, automotive and industrial categories.

Liquidity’s activities in Australia include the complete $30M asset dispersal of General Motors Holden Adelaide facility in 2017/18. They bring their expertise, global presence and significant industry database to the major assets offered across the campaign.