Gordon Brothers to Realise Assets via Private Treaty Sale
Gordon Brothers, the global advisory, restructuring and investment firm, announced today that it has been engaged by McGrathNicol, as receivers in the matter of VCS CIVIL AND MINING PTY LTD (In Liquidation) (Receivers & Managers Appointed) (“VCS Group”) and Related Entities, to sell a fleet of earthmoving and transport equipment. A multimillion dollar ‘Private Treaty’ sale of over 100 lots of machinery and equipment is available for sale including dozers, wheeled loaders, articulated dump trucks, excavators, motor graders, on-road trucks, prime movers, trailers, and other attachments and accessories.
“This is a fantastic opportunity for those looking to purchase earthmoving and transport assets. The equipment has numerous applications in the construction and transport sectors, as well as other related industries. In a used equipment market with limited supply, this sale presents an opportunity for users to acquire additional machines,” stated Matt Aubrey, Managing Director, Australia at Gordon Brothers.
Founded in 2012 and headquartered in Maddington, Western Australia, VCS provided construction and contracting services to the civil and mining industries across Western Australia prior to Administrators and Receivers & Managers being appointed in February 2018.
“We will sell by negotiation, providing the opportunity for all interested parties to inspect the assets and purchase immediately. Interested buyers have been proactive and we’ve already received several enquiries for all manner of assets. Current market demand is strong, and we will find homes for all the assets,” stated Fenton Healy, Managing Director, Australia, Gordon Brothers.
For inquiries regarding the sale, please contact [email protected].