06.03.2017

Hewden auction sell out

On Friday, what was dubbed as "the world's largest crane auction" was held at Newark Showground in Nottinghamshire, UK by auctioneer Euro Auctions in order to sell equipment from failed UK rental company Hewden.

With around 500 buyers and observers in attendance along with plenty of eager buyers waiting online, crane industry people from around the world prepared to bid on 130 cranes with capacities ranging from 30 to 220 tonnes. The sale also included accessories such as ballast, test weights, slings, mats, chains, shackles and boom extensions.

Although the wet and windy weather did its best to put a dampener on the event, every crane was sold, with the two 220 tonne Tadano ATF 220-G5 cranes topping the values at £725,000 each. One went to a bidder on site, while the other was sold online. The total value of cranes sold is estimated at around £32 million.
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The auction was held on a runway at Newark Showground

One of the leading crane and telehandler rental companies in the UK, Hewden Stuart went into administration at the end of November. Administrator Ernst & Young commissioned Euro Auctions to sell its remaining assets including the cranes and telehandlers in a series of unreserved auctions.

Euro Auctions' Neil McIlwaine said: "The cranes are being sold for around the prices we were expecting, which is good to see. People here have been left disappointed at not being able to get the crane they wanted, so there has been plenty of competition."

Euro Auctions' David Betts added: "It's been a successful day and it's great to see people travel from all over the world to take part in this auction."

Here are a few pictures from the event.
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130 All Terrain cranes were all sold at the event

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Accessories were also included in the sale

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The Tadano ATF 220-G5 was the biggest crane at the auction

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Euro Auctions ran the event

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Around 500 people were in attendance throughout the day

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An 80 tonne Demag AC 80-2 was sold to Finnish company Maanrakennusliike Alpo Heikkinen

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Euro Auctions' David Betts - one of the organisers of the auction

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The weather didn't do enough to deter people from turning up

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A selection of extensions

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Even chains and lifting tackle were put on the block

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As were ropes