Subscribe to our Construction Newsfeed
UK Construction Directory
Search our 157,207 companies....

Construction News

03/03/2017

Euro Auctions Reaches Out Across Europe

Construction News Image
Used construction equipment, industrial plant and agricultural machinery, the majority of which was previously deployed in the UK, was snapped up by bidders from across Europe and further afield at the recent two‑day auction in Dromore, Northern Ireland on 17/18 February which achieved a final hammer total of €6.65m.

Over 1700 individual lots were consigned to this auction by 150+ predominantly UK and Irish sellers and these attracted almost 1000 bidders to register; around 60% of whom choose to experience the sale first hand and attend the event, that saw all lots sold. Over 40 were first time bidders, half of whom were successful in securing the lots they were after. UK and buyers from Ireland were well represented as expected, with other countries in the top 10 comprising Poland, Portugal, Belgium, The Netherlands, Germany, Finland, Japan and Spain. There was also strong representation from Romania, Turkey, and the Middle East.

Over 90% of the total auction by value will be shipped to customers based in or operating across Europe. Bidders from the USA also showed considerable interest in this sale; successfully acquiring a number of high value pieces of equipment to meet requirements and spending close to €500,000.
-- Advertisement --
hss



"This sale has again proved the level of demand and interest that used UK equipment generates, both within the domestic market but particularly now that the exchange rate favours those looking to ship the equipment back to their home markets," stated Jonnie Keys, Operations Manager for Euro Auctions. "Quality of the equipment is another key factor. Most lots being consigned to our auctions are typically high-specification, well maintained, often low hours examples; which makes them really attractive to bidders from across Europe and why bidders based in the USA, Japan and the Middle East in particular also look to us for used equipment to meet local demand.

"Achieving a final hammer total of €6.65m for this two-day event pushed previous records and what was particularly noteworthy was the significant jump in the number of internet bidders, almost doubling to over 40% in just the last 12 months. This growth, when aggregated with the £32.2m (€37.67m) from the recent Leeds auction, the recent Kissimmee sale in Florida delivered by Yoder & Frey, our US operation, and with what we have been achieving at the recent specialist Hewden disposal events indicates that 2017 is going to be an important and potentially a momentous year for Euro Auctions."

Euro Auctions has a number of auctions scheduled over coming months including European events at Zaragoza in Spain on 15 March; in Leeds, UK on 05/07 April; and Dormagen in Germany on 03/04 May. Then there is also the upcoming sale of 130 mobile cranes previously operated by Hewden Stuart (from 220 ton down to 35 ton All Terrain and City cranes) at the Newark Showground in Nottinghamshire on Friday 03rd March plus a specialist 'one-day' classic tractor sale in Dromore Northern Ireland on Saturday 15 April. Yoder & Frey auctions in the USA are also scheduled in Atlanta on 23 March and Ohio on 27 April.

Full details and catalogues for all forthcoming Euro Auctions events are available on its website at www.euroauctions.com and separate Bidder Numbers are required to bid on any Lot at each event which can be done either in person at the sale or via Euro Auctions' Free Internet Bidding Service. For other enquiries contact Euro Auctions on 0044 (0) 2882 898262.

Latest Construction News

19/05/2025
GRS Group has completed the redevelopment of the East Stand at Northampton Town Football Club's Sixfields Stadium, marking the end of a long journey for the club to finish the job and enhance the venue's capacity and facilities.​ The project, which GRS began in April 2024, involved the redesi
19/05/2025
Winvic Construction Ltd has been appointed by new client Gilltown to deliver a major Purpose Built Student Accommodation (PBSA) scheme in Coventry. The multi-million development, known as Progress House, will offer 544 student beds and is set to be completed in time for the 2027/28 academic year.
19/05/2025
Property management specialist Rendall & Rittner has announced the appointment of Jack Quainton to the newly created role of Heat Network Manager. In this position, Jack will lead on regulatory compliance for heat networks across the company's portfolio while maintaining a strong focus on customer
19/05/2025
A major regeneration partnership in Sheffield has reached a significant milestone, with its 1,500th home now occupied as part of a long-term plan to transform communities across the city. Alan and Karen Atkinson, aged 71 and 67, have become the 1,500th homebuyers through the Sheffield Housing Compa
19/05/2025
Wolverhampton's historic Royal Hospital has been given a new lease of life as Nightingale House, following a major restoration project that has transformed the long-vacant building into affordable housing for people aged 55 and over. Rt Hon Pat McFadden, Labour MP for Wolverhampton South East, offi
19/05/2025
Progress on delivering much-needed affordable housing in one of the UK's least affordable cities took a major step forward this week, as Oxford City Council and The Hill Group celebrated a key construction milestone at the Canalside Quarter of the Oxford North development. Senior councillors and re
19/05/2025
Clegg Construction has strengthened its senior team with the appointment of Christian White as Pre-Construction Director. Bringing over 30 years of experience in the construction industry, White has previously held key roles at several prominent regional contractors. In his new position, he will le
19/05/2025
FreshBreeze Environmental Ltd proudly participated in the launch of the West Midlands Futures Green Paper, an influential event hosted by Mott MacDonald and organised by the Centre for the New Midlands, held on 7 May 2025. The Green Paper sets out an ambitious vision for the region's future, focusi
19/05/2025
Passengers travelling through Cornwall can now expect improved reliability and shorter journey times after Network Rail completed a major upgrade to the 152-year-old Ponts Mill viaduct near St Blazey. The viaduct, which carries the Newquay branch line over the River Par, had been subject to a preca
19/05/2025
Avant Homes East Midlands has bolstered its senior leadership team with the appointment of a new head of sales to support the company’s ongoing expansion across the region. David Warren has been promoted to the role from regional sales manager, just over two years after joining the housebuilder fro
Efco UK LtdStuart CanvasAqua Direct LtdLakeside HireFernhill StoneBRICOFLOR Sustainable FlooringAbacus Garage Door Solutions LtdSerene StoneOil Water Stop LimitedLessabled Living Ltd