HILCO GLOBAL APAC QLD GENERAL MANAGER ANTHONY MARTIN
Q: Who are Hilco Global APAC?
A: Hilco Global APAC is a subsidiary of Hilco Global, a global group specialising in valuation, advisory, monetisation and liquidation.
The full suite of industrial asset services helps maximise the value of underperforming and unwanted machinery, equipment and inventory. Over the years, Hilco has recovered hundreds of millions of dollars for clients on five continents.
Acting as a principal or agent, Hilco provides customers with acquisition and disposition solutions, and often the capital, needed to derive maximum profits from their assets.
With unsurpassed industry leadership and the deepest sector expertise available worldwide, Hilco ensures that customers get the most creative solutions and broadest access to a global network of buyer and sellers. Hilco customers receive a best-in-class client-experience delivered by ownerentrepreneurs who are passionate about delivering the strongest results on every engagement.
Q: What differentiates Hilco from competitors?
A: We have deep and broad asset knowledge. The Hilco team has handled transactions involving industrial assets in virtually every mining asset category.
Our team have managed everything from full mine site closures, major fleet sale programs to minor asset sales and even spares and inventory dispersal.
Paired with unmatched expertise in devising disposition strategies, Hilco affords clients the best opportunity to maximise recoveries and minimise the time to complete a sale.
As well, unlike one-dimensional competitors who rely upon a single disposition methodology, Hilco draws from a portfolio of methodologies to optimise the sale process, including live, onsite webcast auctions, online (timed) auctions, private negotiated sales of assets, turnkey sales and capital asset redeployment.
Hilco can also act as an agent or, using its own capital, take a principal position through acquisition of a pool of assets.
An asset acquisition strategy is often desirable in situations where immediate cash is needed, as in a distressed company restructuring.
Q: Specifically, what services does Hilco offer for the mining sector?
A: We offer a full range of services, which include full site closure programs, mobile plant and fixed plant sale programs, spares and inventory dispersal, and mining plant and equipment valuations.
Hilco Global APAC launched its online auction and sale platform in 2019, utilising the latest in digital technology.
Large sale programs are also cross promoted on Hilco Global’s international platform, www.hilcoind. com, which is one of the world’s leading marketplaces for industrial plant and equipment.
With access to large capital funds, Hilco Global APAC is also able to provide clients with fast resolutions to cash flow issues, including:
• Asset-backed lending.
• Business refinancing.
• Outright purchase of surplus assets.
• Guaranteed results on auction sales and site closures.
Using one or a combination of the above, we are able to provide unique solutions for clients who want to free up capital locked in underperforming, idle or even end-of-life assets.
Q: Can you tell us more about the company’s background?
A: The team members are all highly experienced individuals from the auction, valuation, insolvency and finance sectors, who believe that clients and buyers deserve the best service possible.
Headed up by Mark Cox and Chris Martin, the team has more than 100 years of experience in the valuation and sale of mining, civil, transport, processing and manufacturing equipment.
Mark Cox – National Head of Mining
Mark is one of the leading sale agents of major mobile plant and has sold some of the largest packages of equipment into both local and international markets, including the GE Mining package that was worth over $27m.
Chris Martin – Managing Director, QLD
Chris is one of the leading auctioneers and valuers in Australasia, having valued and/or sold more than 50 mine sites over the past 30 years in Australia, New Zealand, PNG and Indonesia. Some of the largest mine closure programs have been managed by Chris, including Kidston Gold Mine and Mt Leyshon Gold Mine, just to name a few.
Robert Martin – State Sales Manager, QLD
Robert has managed the valuation and sale of a number of underground mining matters and also has an extensive network of buyers in the sector.
Q: Where are Hilco Global APAC located?
A: We have offices in Brisbane, Sydney, Melbourne, Adelaide and Perth. Overseas, we have branches in Jakarta, Indonesia, and Manila in the Philippines.
Q: What are some Hilco Global’s current projects?
A: There are several, including two major projects in Queensland.
One is a sand mine closure on North Stradbroke Island, and the other is a mineral sands processing plant in Pinkenba.
Assets available as part of the sand mine closure include a cutter suction dredge, concentrator, high capacity field pumping units, warman pumps, electric motors and workshop equipment.
The processing plant includes assorted concentrators, rotary kilns, rotex locker screens, assorted electrostatic and magnetic separators, bagging plants, conveyors, wheel loaders and forklifts, down to engineering workshops and demountable buildings.
We have also recently completed an entire mobile fleet valuation for one of Australia’s largest mining contractors.
Internationally, we have an upcoming sale program of more than 650 generators (1500-2000 kVA) for a major client in Indonesia which is due to kick off once the COVID-19 situation improves.
One of 10 field pumping units available for immediate sale at North Stradbroke Island, Queensland.
A mineral sand processing plant currently available for sale as a whole plant or as individual items thereof, at Pinkenba, Queensland.
The Hilco Global APAC QLD team: Jack Bookham, Robert Martin, Chris Martin, and Anthony Martin.