Global operation expanded with establishment of largest regional auction site in United Arab Emirates
EURO Auctions Group, operators of auction sites for industrial plant, construction equipment and agricultural machinery in the UK, Germany, Spain, Australia, Middle East, and the US, have expanded their global operation with the establishment of the largest auction house in the United Arab Emirates.
The new facility extends to over 43,000 sq m with facilities for handling all aspects associated with the sale of industrial plant, construction and agricultural machinery, from transportation to minor repairs.
Located in the Khalifa Economic Zones Abu Dhabi, by collaborating with Abu Dhabi Customs and KEZAD Group, Euro Auctions will also have a proportion of the yard categorized as a bonded warehouse, offering import and export customers the same advantages as a freezone operation.
Richard Sweatt, general manager of Euro Auctions in Abu Dhabi, commented: ‘We are delighted to announce the agreement with KEZAD Group and are proud to choose Abu Dhabi to open our largest regional auction site.
‘This move provides Euro Auctions with massive strategic advantages in the region. For UAE customers, this means they no longer have the documentation requirements to deliver and collect equipment from the auction site and they will also have easy access to come and inspect the stock prior to auction day.
‘We look forward to enhancing our service offering for local customers in Abu Dhabi and to growing our international footprint thanks to Abu Dhabi’s strategic location and KEZAD Group’s streamlined and cost-effective connectivity to major markets, and this new auction house will contribute to the growth of this strategic sector.’
The first sale at the new Abu Dhabi auction facility will be on 27 April 2023.