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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Genie Europe Sells Large Consignment of AWPs at Euro Auctions Sale

Genie Europe disposed of a large consignment of AWPs at the latest Euro Auctions sale at Dormagen, Germany on the 6th & 7Th May. A total of 186 AWPs went under the hammer and proved to be the largest consignment of access equipment sold in the last 12 months at any Euro Auctions sale.

Whilst this was a general plant and machinery sale, Genie was confident that such a large consignment would attract good interest globally and prices would be strong, because Euro Auctions attract a large number of end users to its sales. As is typical with such a consignment, Euro Auctions put in place a strategic marketing campaign to attract interest from around the globe, which proved successful as bidding was brisk.

There were more signs that second-hand assets are capable of commanding realistic prices, with individual lots of AWPs reaching on average 20% more than this time in May 2009. For example, a 2000 Haulotte HA18PX fetched €2000 more than this time last year. Makes on sale included Grove, Terex, JLG, Genie, Manitou, Haulotte, Upright, Skyjack and LiftLux.

In line with the steady increase of bidding on the Internet, this Euro Auctions sale also produced the strongest online percentage of sales, being 36% of the overall lots sold, with interest from the Benelux countries, Eastern Europe and Scandinavia.

Jonnie Keys of Euro Auctions comments:

“We have been noticing a general increase in the sale prices of cranes and access equipment across the board. The crane and manlift prices at this auction were the strongest we have seen at a German sale since 2008. With the large consignment of AWPs from Genie, we were able to create a lot of interest pre sale, which clearly worked as prices exceeded our expectations.”

Euro Auctions is the leading auctioneer of construction plant in the UK and Ireland, with sites in Northern Ireland, the UK and Germany.

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