05.09.2017

Another record for Euro Auctions

Equipment auction house Euro Auctions' sale in Leeds, UK last week brought in almost £41 million and included the sale of 250 telehandlers. The auction, one of the largest in Europe in recent years attracted more than 2,200 bidders from 70 countries. European buyers topped the tables but there was significant interest from the USA, the Middle East and Australasia.
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Euro Auctions' site in Leeds

Euro Auctions operations manager Jonnie Keys said: “We are extremely pleased with the outcome of the Leeds auction, which saw a number of records broken. We are pleased to break the £40 million barrier, but equally we are pleased with the record number of first-time registers and the first-time buyers that attended. This can be attributed to the massive show of equipment available from around the world and in particular consignments from some of the largest rental companies including Ardent Hire Solutions, Charles Wilson Engineers, Lynch Plant Hire and A-Plant as they continue their aggressive plant renewal programmes. Also pleasing to see was equipment being sold to all continents which demonstrates the recovery in the construction sector around the world and in particular the South American countries which have been slow for a while now.”

“The currently depressed pound against the Euro and Dollar has certainly made the UK a rich and attractive shopping location for many looking to acquire quality equipment. This, coupled with the massive choice on offer led to it being a hugely successful sale.”