Heritage
Global Partners (“HGP”), a global leader in asset advisory and
auction services and a subsidiary of Heritage Global Inc. (OTCQB: HGBL),
today announced that it is collaborating with Cloud
Investment Partners, a global organization with expertise in the
aerospace industry, to manage a global online sale featuring the entire
assets of the Lufthansa Technik Airmotive (LTAI) Plant in Dublin,
Ireland. Per the instruction of LTAI, HGP and Cloud are conducting the
sale on behalf of Irish based Auctioneering Company, E-Auctions.
LTAI refurbished jet aircraft engines at this location.
Lufthansa
Technik Airmotive Ireland Auction
April 30, 2014
(9 am GMT) – May 1 (5 pm GMT)
Sale
Preview: April 29 (LTAI Plant – Naas Road, Rathcoole, Co. Dublin,
Ireland) 9 am – 4 pm (local time)
Key Assets Include:
-
Huge Inventory of LLP, Non LLP, and Expendable Engine parts
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Engine Test Cell with Tooling, Bellmouths, Fixtures, etc.
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Complete Tooling sets for CFM56-3 & JT9D
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Complete Machine Shops
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Generators
-
Borers
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Milling Machines
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Schenk Balancing Machines
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Steel Framed Portable Building
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Relocatable Office/Canteen Buildings
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IT Equipment
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Office Furnishings
“Our sale of LTAI’s assets features a wide range of engineering,
inspection, test equipment, works transport, and many more items ideal
for organizations in aerospace or other manufacturing industries. We are
also selling assets that can be utilized by any number of companies or
individual buyers including furniture and IT equipment,” stated Ross
Dove, Managing Director, Heritage Global Partners.
David Weiss, Partner of Cloud Investment Partners, stated, “Heritage and
Cloud Investment Partners successfully sold other Engine MRO assets
including AVEOS and LTQ (Lufthansa Qantas JV) in the last 18 months. We
are pleased to have the opportunity to maximize the value of Lufthansa’s
Irish Facility assets.”
Heritage
Global Partners is one of the leading worldwide asset advisory and
auction services firms. HGP specializes in asset brokerage, inspection,
and valuations, industrial equipment and real estate auctions, and much
more.
Copyright Business Wire 2014