Auction calendar overflows
BONANZA: NUMBER OF ASSET SALES LINED UP FOR BEFORE THE END OF THE YEAR
Over 1 000 government vehicles set to be sold soon.
The auction industry is currently experiencing a big push in asset sales. With the onset of Covid 19 pandemic, companies have either been delayed in bringing assets to sale or alternatively are looking at ways of unlocking value in surplus assets prior to the year end.
Go Industry Dove Bid ( www. 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, managing director of Go-Industry DoveBid, said: “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.
“Mining giant Trollope Mining Services are disposing of a Liebherr 980 Excavator and 11 x CAT 773E Rigid Dump Trucks in excellent condition. Trollope have the best maintenance practices in South Africa, and all the major components of these machines have been reconditioned recently. Potential buyers can make offers until 30 December.
“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.
“We have vast experience within the government vehicle space, due to our multitude of online auctions, held on behalf of the Western Cape department of transport. Our 20th auction of 60 plus vehicles is set to close on 24 November.
“Returning to the live auctions being held for Eastern Cape government, we have already held two very successful auctions in East London and Port Elizabeth with a total of over 300 participants, while ensuring we adhere to Covid-19 health regulations.”
The next auction was set for 19 November in Mthatha, followed by another in Port Elizabeth (26 November) and East London (3 December), with further sales to be held next year.
Customers can preregister by sending a WhatsApp to 076-9319904 and preregistering on the online registration platform.
Another notable highlight includes the auction of the movable assets of South African Express Airways (in provisional piquidation), including eight Bombardier jet planes, jet engines and sundry aviation equipment.
Offers are also open on a Krones Complete PET Recycling Plant by order of the business rescue practitioners of Mpact Polymers (Pty) Ltd.
For a comprehensive look at all of the upcoming GoDove auctions and sales, visit www. go- dove.co.za or contact them on 0860 00 00 10 / africa.