Administrators to auction off over 100 Hewden cranes

Hewden micro-excavatorAdministrators of collapsed plant hirer Hewden are to auction off the firm’s large crane fleet after failing to find a buyer for the equipment.

Joint administrator Ernst & Young has appointed Euro Auctions to dispose of the assets of HS Realisations, the new name for what remains of Hewden since the brand name has now been sold.

More than 100 cranes and thousands of items of general construction equipment will go under the hammer.

Hewden entered administration in November with A-Plant paying the administrators £29 million for the brand name and some niche parts of the business, including the powered access and power generation fleet and the Interlift lifting and materials handling business.

Other deals have also been done.

The first of a series of planned auctions organised by Euro Auctions will start this month. The first be held in the south west of England on the 18-20 January, first at Redruth, then Newton Abbott followed by Swansea.

The unreserved auctions of excavators, dumpers, rollers, telehandlers and other general equipment will taken place around the country culminating in a final sale at the Euro Auctions 60-acre sale site in Leeds later in 2017.

Special interest is expected in a large consignment of 2015 and 2016 machines, many of which are still in warranty.

Joint administrator Sam Woodward 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.”

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