Global advisory and asset management specialists, Gordon Brothers, has announced the unprecedented sale of Quinn Radiators manufacturing facility situated in Newport, South Wales.
The Quinn Radiators manufacturing plant is located in a state-of-the-art facility, spanning across a building of 1.2 million square feet, with the capacity to produce, package and store an estimated four million steel panel radiators each year. Producing round top, compact, towel and low surface temperature radiators, Quinn Radiators Limited is one of the most advanced plants in Europe.
This type of sale rarely occurs and is a unique opportunity for the steel fabrication and radiator manufacturing industry to take advantage of.
Assets for sale by Private Treaty:
(2) Complete Panel Radiator Manufacturing lines, 12m / minute capacity, with Schuler Radiator and Winter Fin Presses, Leas welding and conveying equipment, ABB Robots (2005 / 2006)
Norcar automatic proof testing, plugging and stacking line conveyor system
Kraft automatic palletising plant (2006)
Swisslog automatic warehouse system with high bay racking and 41,176 pallet spaces
Paint plant with multi-lane washing, painting and drying conveyor system etc.
Kraft radiator packing lines
Kraft automatic palletising plant
Gordon Brothers Valuations & Industrial Director, Simon Bamford said:
“We are excited to announce the unprecedented sale of domestic and specification heating radiators from ‘Quinn Radiators Limited’. The sale presents a unique opportunity for those in the radiator manufacturing industry to purchase one of Europe’s most state-of-the-art radiator manufacturing lines at competitive prices.”
The deadline for expressions of interest is 3.00pm on the 5th August, followed by an online auction for general plant and equipment. Additional information can be found here: https://www.bidspotter.co.uk/en-us/auction-catalogues/timed/gordonbrothers/catalogue-id-gordon10050
For further enquires on the sale or to view by appointment please contact, Simon Bamford sbamford@gordonbrothers.com, Jenni Pearce jpearce@gordonbrothers.com or Kimm Smith ksmith@gordonbrothers.com
For all press enquiries please contact BWP Group, harriet.sweet@bwpgroup.com and nicola.goodman@bwpgroup.com
Add new comment