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NMT crane sale nets £3.3 million

We finally have the results from the NMT crane sale conducted by Euro Auctions in November, which show that 14 used cranes fetched a grand total of £3.32 million.

The cranes, mostly Terex/Demag and Liebherr along with a Spierings, Böcker and a Kato city crane, dated from 2006 to 2017. Of note is the 2017 Böcker AK42 that fetched almost £200,000 and a 2007 Spierings SK2400 AT7 which fetched £242,500 after 15 years in the fleet.
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The latest sale follows the disposal of the Quinto fleet which netted £5.1 million in July, and the M&M fleet which raised £4.6 million in September.
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David Betts of Euro Auctions said: “Euro Auctions has been working with crane operators for the last 10 years and believe we are the only auction specialist that understand the crane sector from a buyer and sellers’ point of view. As a result, during the last 12 months Euro Auctions hosted three extraordinary crane sales, attracting a true international buying audience and with our ability to put on an external ‘off site’ sale anywhere in Europe, this enables us to be the perfect partner, creating the perfect sale."

“That word ‘partner’ is very relative when disposing of machines, as not only can we sell your crane stock, we can also settle outstanding finance agreements, as well as working with administrators. Our global reach and targeted marketing campaigns to an educated and committed list of prospective buyers in over 100 countries enables Euro Auctions to present a vendors crane stock to an interested audience, creating a better financial outcome and pain free disposal service."

M&M crane sales results
Quinto auction results