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Construction News
04/01/2017
Former Hewden Equipment To Be Sold At Auction
Over 100 cranes previously owned by plant hire firm Hewden are set to be sold at auction.
A total of 127 mixed cranes, including pieces of lifting equipment and general construction equipment, will go under the hammer later this month.
Hewden entered into administration on 22 November last year, resulting in the loss of 251 jobs.
Joint Administrators Ernst & Young LLP will now work with Euro Auctions to dispose of the equipment, with the two-phase process expected to be complete in the first four months of 2017.
Sam Woodward, Joint Administrator, said: "We are delighted to be working with Euro Auctions on the disposal of the crane and construction machinery assets of Hewden. We look forward to working closely with the Euro Auctions team over the coming months and maximising returns for creditors."
(LM)
A total of 127 mixed cranes, including pieces of lifting equipment and general construction equipment, will go under the hammer later this month.
Hewden entered into administration on 22 November last year, resulting in the loss of 251 jobs.
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Joint Administrators Ernst & Young LLP will now work with Euro Auctions to dispose of the equipment, with the two-phase process expected to be complete in the first four months of 2017.
Sam Woodward, Joint Administrator, said: "We are delighted to be working with Euro Auctions on the disposal of the crane and construction machinery assets of Hewden. We look forward to working closely with the Euro Auctions team over the coming months and maximising returns for creditors."
(LM)
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