08.06.2022

Quinto cranes to be auctioned

Price Bailey has appointed Euro Auctions to dispose of the assets of UK-based rental company Quinto Crane & Plant which went into administration in April. See: Quinto calls it a day.

Price Bailey was brought in to handle the administration and working with local agent Edward Wells has appointed Euro Auctions to value and dispose of the assets of the business which includes 20 All Terrain cranes ranging from 40 to 300 tonnes from Liebherr, Grove, Tadano and Spierings.
Please register to see all images

The sale will take place as a live auction at the Quinto depot on Anson Road, Norwich, NR6 6ED - next to Norwich Airport - on the 23rd of June and will also be streamed online on the Euro Auctions bidding platform.
Viewing days will be the 21st and 22nd of June.
Please register to see all images

The crane inventory includes:
1 x 2016 Spierings SK597-AT4 Mobile Tower Crane
1x 2014 Grove GMK6300L
1 x 2015 Grove GMK4100L
1 x 2015 Tadano ATF130G-5
1 x 2010 Tadano Faun - model not specified
2 x 2018 Liebherr LTM1040-2.1s
1 x 2018 Liebherr LTM1060-3.1
1 x 2016 Liebherr LTM1060-3.1
1 x 2015 Liebherr LTC1045-3.2
1 x 2009 Liebherr 1055/3.2
1 x 2007 Liebherr LTM1070-4.1
2 x 2016 Terex AC40/2L
1 x 2007 Terex Demag AC35L
1 x 2007 Terex Demag G127
1 x 2006 Terex Demag AC35L
1 x 2005 Terex Demag AC35L (Non Runner)
1 x 2005 Terex Demag AC35L (Parts Only)
2 x 2005 Terex Demag AC35L
1 x 2019 MAN TGM 26.290 with Böcker AK46/6000 Mobile Crane
1 x 2007 Haulotte HA16SPX boom lift
Other lots will be up for auction and include selected commercial vehicles.
Please register to see all images

Matt Howard, Head of Insolvency and Recovery at Price Bailey, said: “The directors of the business made the difficult decision for Quinto Crane and Plant to cease trading in late April 2022. Price Bailey have been instructed to assist with the administration, and we will be seeking buyers for the individual assets of the business. We are delighted to be working with Euro Auctions on this disposal and their experience in the crane and heavy lifting sector, with previous sales like the disposal of the Hewden assets, made them a natural fit for this auction. We look forward to working closely with the Euro Auctions team over the coming months and maximising returns for creditors.”

David Betts, of Euro Auctions added: “We are delighted to have been selected by the administrators to work with them and advise on this project.”

You can visit the Euro Auctions website to register for a Bidder Number for this sale.