Bongard and Industrial Auctioneer Join Forces to Sell Hyosung Wire Drawing Plant Online

World-wide industrial auctioneers, Maynards Europe GmbH, and one of the biggest global dealers of new and used machines for the wire, cable and rolling industries, Bongard GmbH & Co. KG, are combining their expertise in a joint project to sell the production equipment and mobile assets of Hyosung Wire Luxembourg S.A., formerly GoodYear/Dunlop, online.

“Our competencies and goals complement each other very well in this project,“ states Daniel Kröger, Managing Director of Maynards Europe. “We share the ambition to combine professional know-how and operating experience of many years with innovative ideas,“ adds Thomas Bongard, CEO of Bongard.

Maynards’ expertise in auction management teams up with Bongard‘s wire industry knowledge to bring an online sale event about that will enable an international audience of buyers to acquire fully operational machines at market-driven prices via online auction conveniently from home. Buyers can view the catalogue of a wide range of wire drawing machines at their leisure and make a purchase decision without incurring any travel costs. Both partners’ teams are at hand to discuss any questions a bidder may have.

“One of the many reasons why this auction is so attractive for buyers,“ continues Thomas Bongard, “is the fact that only in 2008 Hyosung invested a large sum to modernize the machinery, the quality of which is very high.”
The Online Auction of over 300 wire drawing machines and plant equipment is closing on 14 May 2013.  

About Maynards Europe GmbH:
Maynards Europe GmbH is a subsidiary of Maynards Industries Ltd. (“Maynards”). Maynards offers global auction, liquidation, and valuation services to all sectors of the industrial and retail marketplace. An expert at maximizing recovery values since 1902, Maynards is the largest automotive equipment auctioneer and liquidator in the world and preferred supplier to General Motors and Opel. The company is globally recognized as a top tier resource for end-users and dealers for industrial machinery and equipment ranging in size from entire facilities to single machines. More information at www.maynards.com.

About Bongard Machines GmbH & Co. KG:
Bongard Machines GmbH & Co. KG is a second-generation family business that looks back on over 50 years of experience in new machine manufacturing as well as several decades of experience in the purchase and selling of used machines for the wire, cable and rolling industries. This includes the design and production of custom machines, the combining of new and used machines as well as the reconditioning of used machines. Bongard’s manufacturing and warehousing facilities cover an estimated 20.000m with a constant supply of over 1.200 machines. Bongard’s strength is an international network and the close dialogue with customers from around the world. An experienced team of specialists provides fast and flexible solutions. www.bongard.de