Euro Auctions - Industrial Plant Auctions, Construction Equipment Auctioneers, Agricultural Equipment Auction

Euro Auctions - Industrial Plant Auctions, Construction Equipment Auctioneers, Agricultural Equipment Auctions

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Nouvelles

Euro Auctions Move Into New £2m Headquarters

 

Euro Auctions have moved up to another level with the official opening of a new £2m auction facility at its Head Office in Dromore, County Tyrone. Plant & Civil Engineer’s David Stokes recently paid them a visit.

 

The impressive, state of the art building has two floors and incorporates a fully covered and seated auditorium to hold 425 people, with integrated hi-tech sound and vision, in addition to sound proofed internet bidding facilities.

Euro Auctions, of course, has been conducting unreserved auctions of Industrial Plant and Construction Equipment throughout Europe for more than a decade. It holds 13 major auctions every year and is the market leader in the UK and Ireland, as well as one of the leading Industrial Auctioneers in Europe.

The new facility at the 30 acre site in Dromore, which also has car parking space for over 400 vehicles, as well as a restaurant, viewing galleries and administrative offices, complements the company’s two other permanent auction sites in Leeds and at Dormagen in Germany.

“It has been a substantial investment for us,” says Managing Director Derek Keys. “It reflects the confidence we have in the business and the potential for further significant growth.

“Over the last few years we have been working out of five portacabins on the site here, so this new headquarters is a big step up for us and initial response from the clients has been very positive and we are all looking forward to the official opening on December 4th.”

Added Derek: “We also have plans to establish workshop facilities on the site to repair and refurbish machinery. It’ll include sand blasting and painting shops.”

It’s all a long way from 1998 when Euro Auctions held its first auction. The one-day event attracted 371 lots, with around 1500 people turning up to see what was an American parade-style auction new to Ireland.

Two years later, the first auctions outside Northern Ireland took place in Wetherby, Yorkshire, before a permanent site was established at Selby in Leeds in 2002. Then, in 2006 Euro Auctions expanded into Europe.

 

The first sale at Dormagen had a gross auction figure in excess of €7million, but that has since been well overshadowed. An auction in Leeds in 2007, for example, boasted 830 registered bidders and 279 consigners, with a gross figure of £27 million over 3 days.

 

 “Our goal is to provide a straightforward service, making the buying and selling of equipment easy and accessible to all, and at prices that are fair and reflect market-value,” says Derek. “It is our hope that this new facility here at Dromore will give buyers and sellers an awesome auction experience.”

 

Having enjoyed a guided tour around the site during a recent auction day, we at Plant & Civil Engineer have no doubt that it will do just that!


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