Surplus to the Ongoing Operations of

Dura Automotive Systems

2 Facility – 1,000,000+ Sq. Ft – 3 DAY Major Automotive Auction

 

Date

BIDS CLOSE: Tuesday, January 21, 2020 - Thursday, January 23, 2020

Start Time

10:00 AM CET (Central European Time)
 

Inspection

January 16, 17 & 20 from 9:00 A.M. to 5:00 P.M. CET (Central European Time)

Removal

Small items: By Friday, January 31 by 5:00 P.M.
Remaining items: No later than Friday, February 28 by 5:00 P.M.

Location

Assets Located at 2 Facilities:
Königstraße 57, 58840 Plettenberg, Germany
Selbecke 64, 57399 Kirchhundem, Germany

Industry

Machining | Stamping
 

 


 

It is with great pleasure that we announce our upcoming 3-Day Auction Surplus to the Ongoing Requirements of Dura Automotive Systems, Germany.

This unprecedented 3-day sale features a tremendous offering of high quality & late model automotive manufacturing equipment used in the production of current parts in today’s marketplace. A brief summary of companies being supplied from these facilities are as follows: Rolls Royce, BMW, GM, Ford, Daimler, Peugeot, VW, Honda, Nissan, Volvo & more! The facilities were closed earlier this year and the assets have been exceptionally maintained and upgraded by the corporation over the years.

TO VIEW THE LOTS:

DAY 1 Lots 1-296   DAY 2 Lots 297-685   DAY 3 Lots 686-1105

 

FEATURED ASSETS:

PRESSES, WELDING EQUIPMENT, METALWORKING EQUIPMENT, CONVENTIONAL MACHINE TOOLS, CNC MACHINERY, FINISHING EQUIPMENT PAINT, FACTORY SUPPORT EQUIPMENT, COMPLETE WASTER WATER PROCESSING PLANT, POLISHING & PRODUCTION CELLS, EDMs, OVERHEAD CRANES & MATERIAL HANDLING, ROLLING STOCK, INSPECTION EQUIPMENT, LABORATORY EQUIPMENT, PLASTIC EXTRUDERS & INJECTION MOLDING MACHINES, ROBOTS
ASSETS LOCATED AT 2 SITES:
Lots 1 to 971 - Königstraße 57, 58840 Plettenberg, Germany
Lots 972 to 1105 - Selbecke 64, 57399 Kirchhundem, Germany

FOR A DETAILED LISTING OF THE ASSETS AND THE REMOVAL FEES, PLEASE CLICK HERE:

THE EXCLUSIVE MOVER FOR THIS SALE IS:

Gerritsen Projects BV
[email protected]
+31-(0)13 530 20 99

REMOVAL DETAILS:

  • Posted removal fees will apply to all items at this auction.
  • Posted loading fees for all items are mandatory, non‐negotiable and will automatically apply to all successful bidders. There are no exceptions therefore please bid accordingly!
  • Posted fees include disconnecting, dismantling, match marking, labeling as the case may be, and otherwise prepping and loading the equipment on a suitable customer supplied flatbed truck or trailer at the door. Posted fees do not include container loading, blocking/bracing and specialty packaging or other services. These services are available and will be billed separately. Please contact the mover for a firm quote
  • Transportation, freight forwarding, and re-installation is available at extra cost. Contact mover for details and a firm quote.
  • Buyers premium does not apply to posted rigging fees.
  • For items not priced and marked "Quote On Request" buyers are encouraged to contact the rigger for a firm quote as the case may be.
  • No item(s) will be released until auction price and removal fees have been paid in full. No exceptions!

Due to local safety regulations and insurance requirements, buyers and members of the public will not be allowed to conduct any removal operations on site at any time following the auction. The exclusive mover will indicate the appropriate loading gate/dock for loading on site upon arrival. All buyers/drivers must remain with the vehicle at all times while loading.

Removal at this site is conducted strictly by appointment only. Buyers are required to set appointments with the mover upon payment in full.

Terms & Conditions for the sale of Surplus to the Ongoing Operations of Dura Automotive Systems

Corporate Assets Inc. is conducting this auction on behalf of DURA Automotive Body & Glass Systems GmbH as their exclusive agent and auctioneer.

Corporate Assets Inc. assumes no liability for errors or omissions on this Web site. Corporate Assets Inc. expressly reserves the right to determine the manner of conducting the auction as it may deem appropriate. All subject to prior sale.
#_ATT{Terms} DOWNLOAD CORPORATE ASSETS INC. FULL TERMS & CONDITIONS
MODALITÉS ET CONDITIONS DE VENTE


Payment

WEBCAST (REMOTE) BIDDERS

  • Pre-Approval by Corporate Assets Inc. will be required. To participate in the auction you must register and be approved. All Webcast (Remote) Bidders require a deposit equal to 25% of their requested Purchasing Limit (the maximum amount they plan to spend) plus the Buyer's Premium (see below for applicable Buyer's Premium) and must be by Direct Bank Wire Transfer. To ensure approval as a Bidder please make deposit arrangements as far in advance of the sale as possible. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.
  • Invoices for the balance of the purchase price will be emailed and/or faxed to successful bidders within 24 hours of the close of the auction and are due upon receipt.

GENERAL

  • Payment in full must be made before or immediately after the conclusion of the auction.
  • * Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution. In order to meet the Terms and Conditions of Sale, please keep in mind that wire transfers traditionally take between 2 - 4 business days to be processed by your bank. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.
  • For Webcast Remote Buyers & Online Buyers, all payments shall ONLY be by way of wire transfer or cash.
  • Payments may be made in advance of the auction by way of wire transfer and any balance in excess of the balance owing will be refunded after the auction.
  • The Auctioneer reserves the right to put articles back up for auction if a deposit is not received at or before the time of sale.
  • A Buyer's Premium of 18% for all Webcast (Remote) bidders will apply at this sale.
    THIS SALE WILL BE CONDUCTED IN EUR.

EUR Wire Transfer Details

2 Facilities with over 1,000,000+ Sq. Ft


Aerial view of the Plettenberg, Germany facility.

 

Aerial view of the Selbecke, Germany facility.

TIMED ONLINE SALE


Terms & Conditions

Corporate Assets Inc. assumes no liability for errors or omissions on this Web site. Corporate Assets Inc. expressly reserves the right to determine the manner of conducting the auction as it may deem appropriate. All subject to prior sale.

Payment

A Buyer's Premium of 18% for all Webcast (Remote) bidders will apply at this sale.
THIS SALE WILL BE CONDUCTED IN EUR.
 
Pre-Approval by Corporate Assets Inc. will be required to participate in the sale. Potential Bidders must register and be approved (in person for Onsite auctions or online for Live Webcast auctions). Bidders may be asked to complete the "Buyer Deposit Form" and provide a deposit equal to 25% of their requested Purchasing Limit (the maximum amount they plan to spend) plus the Buyer's Premium (see above for applicable Buyer's Premium) and must be made by Interac e-transfers or Direct Bank Wire Transfer1.
 
To ensure approval as a Bidder, please contact us to make arrangements as far in advance of the sale as possible. The deposit must be received no later than 1 business day prior to the commencement of the sale2. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

 

  1. Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution.
  2. To meet the Terms and Conditions of Sale, please keep in mind that wire transfers traditionally take between 2 - 4 business days to be processed by your bank. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.
 

Invoices for the balance of the purchase price will be emailed and/or faxed to successful bidders within 24 hours of the close of the auction and are due upon receipt.

Payment in full must be made before or immediately after the conclusion of the auction.
 
For International (Non-Canadian and Non-U.S. Residents) Buyers all payments and deposits shall ONLY be made by wire transfer.
 
For Canadian and U.S. Buyers, all payments can be made by wire transfer, certified cheque, bank draft, Interac Debit, Visa, Mastercard, Interac e-transfers, or company cheque accompanied with a valid bank letter of authorization guaranteeing irrevocable payment to Corporate Assets Inc. in the following format: "Name of Bank hereby guarantees irrevocable payment of cheques payable to Corporate Assets Inc. up to Amount in Words & Currency for purchases made by our client Name of Client. This letter is valid for purchases made at the auction of Name of Auction being held in City, State/Province on Date."

 

 

  • Payment by way of Visa, Mastercard will ONLY be accepted for purchases, and not for deposits, from buyers whose total invoice does not exceed $2,500.
  • Payment by way of Interac e-Transfers will ONLY be accepted for purchases from buyers whose total invoice does not exceed $25,000.
  • Payments may be made in advance of the auction by way of wire transfer and any balance in excess of the balance owing will be refunded after the auction.

 

 

 
The Auctioneer reserves the right to put articles back up for auction if a deposit is not received at or before the time of sale.

Removal Details

Applicable for all Purchasers, their employees, riggers, machinery movers, contractors, and agents who participate in the disconnection and/or removal of items purchased at auction.

 

 
Purchasers are responsible for removing all articles purchased unless an Exclusive Rigger* has been designated for the sale. “CI” on the purchaser’s invoice designates that a proper certificate of insurance is required before any item marked “CI” can be mechanically removed. Furthermore, properly authorized rigger release instructions, in writing, are required by Corporate Assets Inc.’s office before a Purchaser/Mover/Rigger can commence removal of these items. These forms can be downloaded below.

 

 

 

 

*For sales with Exclusive Riggers, removal fees will apply. Please refer to the posted Lot Catalogue for pricing. Fees do not include container loading, blocking/bracing, specialty packaging, shipping, or other services. Trucking and transport services may be available through a third-party supplier. More details below. The Buyer's Premium does not apply to posted rigging fees.


Shipping Services

For small items where a pallet isn't required or items are already in packages/boxes, Corporate Assets Inc. can arrange shipping via UPS or FedEx or using a buyer’s business account. The cost will be the responsibility of the buyer. Please contact [email protected] to arrange.

* For shipping large items, trucking and transport services are available through Fuze Logistics Inc.
Fuze Logistics Services Inc.
Mr. Chris Tan
941.702.3310
[email protected]
www.fuzelogistics.com

US Inbound Customs Brokers

*Cross border logistics, including fees and customs clearance, are available through third-party brokers.
Montgomery International Brokers
Bill Clune or Melanie Koerber
716.875.5100 EXT 105
[email protected]
www.montyinternational.com
Omega Customs Brokers Inc
Ralph Ronderos
305.592.5656 EXT 1005
[email protected] or [email protected]
www.omegacb.com