Boston, May 02, 2018 (GLOBE NEWSWIRE) -- 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 a full list of the assets for sale, visit www.gordonbrothers.com/VCS. For inquiries regarding the sale, please contact VCS@gordonbrothers.com.
About Gordon Brothers
Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, operating executives, advisors, and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four service areas: valuations, dispositions, operations, and investments. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial, and industrial sectors to put assets to their highest and best use. Gordon Brothers conducts more than $70 billion worth of dispositions and appraisals annually. Gordon Brothers is headquartered in Boston, with 25 offices across five continents.