Revving up for 2020’s big push
Abundance of heavy machinery and mining gear on sale
The auction industry is experiencing a big push in terms of assets sales as the end of 2020 draws near.
Companies have either delayed bringing their assets to sale during the pandemic or are looking at ways of unlocking value in surplus assets prior to the year end. GoIndustry DoveBid (allsurplus.com) has been gearing up for a manic November with multiple sales and auctions to suit every industry sector and buyer budget.
John Cowing, MD of GoIndustry DoveBid, says: “We brought online auctions to South Africa in 2004 and I’m pleased to see that this sale medium has now had explosive growth as a result of the pandemic. Online auctions are just so much easier for both buyers and sellers.
“Anybody with a smart device and access to the internet can browse and bid on our vehicles, aviation items, mining and construction machinery, industrial equipment, consumer goods and property.”
Mining and construction assets are in abundance with mining giant Trollope disposing of a Liebherr 980 Excavator and 7 x CAT 773E Rigid Dump Trucks in excellent condition. Trollope have the best maintenance practices in SA, and all the major components of these machines have been reconditioned recently. Potential buyers can make an offer at any time.
“Assmang Khumani, another long-standing client of ours, will feature a selection of mining assets on their online auction closing on November 5, including CAT 789C Rigid Dump Trucks, 834H Wheel Dozers and 994F Wheel Loaders,” says Cowing.
“Staying within the mining industry, we have just had a very successfully multiple vendor auction that closed earlier this week of a huge selection of mining and construction machinery, trucks andmobile cranes on behalf of Alexkor, IMEI Construction, Komatsu and Samancor, to name a few.
“Next in line for mining are auctions on behalf of OMV Crushers (Raubex Group), and Sibanye Stillwater, with sales closing on Tuesday and Thursday, respectively, featuring redundant plant and machinery.
“Recently we were awarded the tender to dispose of over 1,000 government vehicles by live auction on behalf of the Eastern Cape department of transport. Buyers can look forward to five live auctions over the next two months, the first of which kicked off on October 29 in East London, with great success.
“This auction will be followed by auctions in Port Elizabeth, Mthatha, and again in East London.
“While these are live auctions, we encourage pre-registrations by sending us a WhatsApp on 076-931-9904 and pre-registering on our online registration platform. We are uniquely able to provide bidders the opportunity to place digital proxy bids on the lots if they are unable to attend the auction in person.
“Our property division has been busy too and is currently marketing a ±21ha fruit farm in Paarl and a prime industrial property with 3,000Kva power supply in Ndabeni, Cape Town. Other properties include investment properties and residential opportunities in the North West and Gauteng.
“Our Cape Town warehouse auctions are now held online with a sale due to close on November 11 featuring restaurant and catering equipment, household furniture and vehicles.
“Finally, we have our last auction of the year for the Western Cape government with a sale of more than 125 government vehicles online. The auction closes on November 25.”
For a comprehensive look at all of the upcoming GoDove auctions and sales, visit godove.co.za or contact them on 0860-00-0010 or africa.buy@allsurplus.com.
GoIndustry DoveBid is now part of AllSurplus, the world’s leading marketplace for business surplus, ranging from heavy equipment to industrial machinery, powered by the most experienced and trusted company in the surplus industry, Liquidity Services, with over $8bn (R130bn) of completed sales for over 14,000 sellers. Visit allsurplus.com for more info.