Country for PR: United States
Contributor: PR Newswire New York
Monday, March 21 2022 - 22:23
AsiaNet
Hilco Global Acquires Heavy Plate Rolling Mill from ThyssenKrupp Steel Europe
NORTHBROOK, Ill., Mar. 21, 2022 /PRNewswire-AsiaNet/--

Amsterdam-based Hilco Industrial Acquisitions, B.V. ( https://www.hilcohia.com 
) , an operating company of U.S.-based Hilco Global ( 
https://www.hilcoglobal.com/ ), announced today the strategic acquisition of 
all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in 
Duisburg-Huttenheim, Germany. The assets are now up for sale on Hilcobid.com ( 
https://hia-sales.hilcobid.com/auctions/info/id/180 ).

Logo - 
https://mma.prnewswire.com/media/1167212/Hilco_Global_Asset_Smarter_Logo.jpg

Europe's second largest steel producer, ThyssenKrupp, shuttered the German 
facility in September 2021. During its operation, the heavy plate rolling mill 
facility produced approximately 850,000 metric tons of steel which was used for 
shipbuilding, offshore and heavy fabrication construction production.  In 
addition to the rolling mill, other items for sale consists of late model 
furnaces, hot- and cold-levelers, quenches, inline ultrasonic inspection, 
shotblasting/priming, and numerous flame and plasma cutting machines.

Robert Bouland, Managing Partner at Hilco Industrial Acquisitions, B.V., 
stated, "This sale represents an outstanding opportunity for buyers seeking to 
purchase high-quality, late model machinery used in a combined roughing and 
finishing mill." Bouland added, "We anticipate many interested buyers from 
Europe, Asia, and the Americas and will entertain offers in acquiring the 
entire facility or for individual assets."

Hilco Industrial Acquisitions, B.V. continues to expand their acquisition 
portfolio in the mill equipment space. Most recently, Compania Siderurgica 
Huachipato S.A. (CAP ACERO) from Chile has engaged the company to sell steel 
and rolling mill equipment no longer needed in CAP ACERO's continuing 
operations. Hilco Industrial Acquisition recently sold the 2 million ton per 
year Dongkuk Steel Heavy Plate Mill from Korea, as well as the 2015 Danieli 
Rebar Mill at Posco SS Vina in Vietnam. 

Information about the assets and ability to purchase each item are available on 
Hilcobid.com ( 
https://c212.net/c/link/?t=0&l=en&o=3476471-1&h=4151763068&u=https%3A%2F%2Fbit.ly%2FThyssenKruppHeavyPlateMill&a=Hilcobid.com 
).

About Hilco Industrial Acquisitions, B.V.:  Hilco Industrial Acquisitions, B.V. 
(www.hilcohia.com ) is based in Amsterdam in the Netherlands and provides 
industrial asset acquisition and disposition services, specializing in 
machinery, equipment and inventory auctions and negotiated sales.  It sells the 
broad range of industrial assets found in manufacturing, wholesale, and 
distribution companies.  The company buys and sells assets through on-site, 
online and combination webcast auction sale events as well as negotiated 
(private treaty) sales.  In addition to providing services on a fee or 
commission basis, Hilco Industrial Acquisitions, B.V. puts capital at risk and 
often acquires assets or provides guarantees. 

Hilco Industrial Acquisitions, B.V. is part of Northbrook, Illinois based Hilco 
Global (www.hilcoglobal.com), the world's leading authority on maximizing the 
value of business assets by delivering valuation, monetization, and advisory 
solutions to an international marketplace.  Hilco Global operates more than 
twenty specialized business units offering services that include asset 
valuation and appraisal, retail and industrial inventory acquisition and 
disposition, real estate repositioning and renegotiation, strategic advisory, 
operational consulting, and strategic capital solutions.

SOURCE:  Hilco Global 

CONTACT: Robert Bouland, Managing Partner
         Hilco Industrial Acquisitions, B.V., 
         Email: RBouland@hilcoglobal.com, Telephone: +31-651-741-363
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