Monday, October 25, 2010

Tight Turnaround Secured Through Asset Intelligence

GoIndustry DoveBid has successfully completed another valuation of specialist paper manufacturing machinery and equipment, this time in the South West of England.

GoIndustry DoveBid was instructed by one of the top four UK accountancy firms.
The purpose of the valuation - Administrative Receivership - was completed within a tight five-day deadline as defined by the client. The turnaround was assured through the rapid deployment of valuers from our London headquarters.

The valuation included a combination of two specialist paper machines, associated machinery and equipment. Other additional factors also had to be considered within the report: The actual site of the mill and the property which had re-development potential, which also served to colour the valuation.

The report included detailed specifications of the machines, the current state of the used paper machinery market and some significant health and safety concerns.

Through GoIndustry DoveBid’s exceptional industrial auctioneering experience, the most profitable exit strategy was recommended within the report.

As a result, the clear and detailed report enabled the client to make pivotal decisions on the future of the mill. This judgement was based upon the Asset Intelligence provided by GoIndustry DoveBid.

For more information on our valuation services, visit our valuations page.

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