Gulf Industry News
In association with www.TradeArabia.com

Euro Auctions hosts world’s largest excavator sale

Euro Auctions, Europe’s leading auctioneers of industrial plant, construction and agricultural machinery, hosted its largest-ever sale at its auction site in Leeds, UK, from January 30 to February  1 with a record 5,000 lots going under the hammer. 
 
The stars of the sale were 750+ excavators, which was the world’s largest sale of excavators, said the statement from Euro Auctions.
 
After the three-day sale, the hammer total was £42 million ($54.3 million), up 5 per cent over the same period last year. However it was the number of excavators that were up for grabs that provided the highlight of the sale, it stated.
 
With 750+ excavators of all sizes and types going under the hammer, Euro Auctions held the world’s Largest excavator disposal sale, with brisk bidding and strong prices. 
 
But the quality and number of machines for sale didn’t stop there. Over the three days Euro Auctions put under the hammer:
 
*320+ Articulated, Site & Track Dumpers - all Sold!
*300+ Commercials, Vans, Cars & Jeeps - all Sold!
*270+ Telehandlers - all Sold!
*150+ Rollers - all Sold!
*140+ Tractors - all Sold!
 
The last three Euro Auctions sales have all been record breaking in some way, however, this year, the number of lots was the highest on record, in addition to record attendances, record registrations and record number of bidders from across the globe. 
 
Online sales are now constantly between 50 per cent and 60 per cent, with strong interest from Europe, Middle East, Africa, Oceania, Caribbean, Asia, South America and North America.
 
On this year's feat, Jonnie Keys, the operations manager, said: "Whilst we have a reputation for selling good quality machinery, and lots of it, we think it’s combination of things. It may be the tip of the Brexit spike, with consignors and buyers disposing of, or acquiring machinery, before the Brexit deadline at the end of March."
 
“Another factor may be capacity” stated Keys.
 
“Euro Auctions is expanding the Leeds sale site, and whilst these facilities will not be operational until later in 2019, the entire area is being laid to concreate hard standing, giving us the capacity on sales days to line up and display up to 6,000 lots,” he noted.
 
“On Brexit, whatever the outcome may be, Euro Auctions is experienced in shipping machinery and equipment around the globe for many of our clients, both economically and painlessly, so our buyers are bidding with confidence that we can help them get their purchases to where in the world they need to be,” he added.
 
Notable lots sold, with prices included:
 
10 Ton Excavator
 
*2013 Hitachi ZX135US-5B 700mm Rubber Block Pads, CV, QH, Piped c/w Reverse Camera -
sold for £35,500
 
20 Ton Excavator
 
*2012 Volvo EC380DL 700mm Pads, Piped, CV, QH, Piped c/w Reverse Camera, A/C -
sold for £59,000
 
Articulated Dumptruck
 
*2013 Volvo A40F 6x6 Articulated Dumptruck c/w Reverse Camera, Tail Gate, Heated Body -
sold for £124,000
 
Backhoe Loader
 
*2018 JCB 4CX 4WS Turbo Powershift, Piped, SRS c/w A/C, Reverse Alarm, Extended Sipper -
sold for £60,000
 
Commercial
 
*2015 Mercedes 3240 8x4 Tipper, Easy Sheet, Hydraulic Crane, Clamshell Bucket - sold for £65,000
 
Dozer
 
2005 CAT D5N LGP c/w 6 Way Pat Blade, Trimble GPS System, A/C (3200 Hours) - sold for £64,000
 
Screener
 
*2016 Powerscreen Warrior 1800 3 Way Split Tracked Screener - sold for £92,500
 
Telehandler
 
2013 CAT TH414 Turbo Powershift, c/w Joystick Controls, Sway, WLI, QH, A/C, Forks -
sold for £28,000
 
Tractor
 
2017 New Holland T7.315 4WD Front Linkage, Cab Suspension, Air Brakes, 5 Spool Valves -
sold for £100,000
 
New Euro Auctions facilities will include:  new workshops, office and main administration centre, auction arena and sales ramp, in addition to a 2,380 sq m jet wash bay, which will create the largest auction facility in Europe. 
 
Euro Auctions said it hosts over 60 key auctions each year, from 10-sales sites in seven countries on four continents around the globe. Collectively over 100,000 lots are auctioned each year, consigned by more than 6000 regular vendors. 
 
Each auction also has massive appeal with sustained corporate marketing initiatives regularly reaching a global audience of over 150,000 potential buyers; one in five of whom actively register as bidders, with over 10,000 taking delivery of one or more consignments, said the statement from the company.
 
This has resulted in a global annual turnover more than £400-million with market growth continuing to expand, it added.-TradeArabia News Service



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