The administration disposal sale of all assets of Hawk Plant Hire on 14th and 15th March 2019 has raised just under £29m, according to the auctioneers.
Euro Auctions said over 2,000 pieces of plant and machinery from Hawk Plant Hire, which went into administration earlier in 2019, made a final hammer total of £28,967,840.
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By GlobalDataThe disposal sale consisted of a large complement of well-maintained nearly-new machinery that went under the hammer, in addition to the largest collection of John Deere tractors and agricultural machinery to be auctioned in the UK, said Euro Auctions.
A spokesperson for the business said there was interest from buyers in the UK, Europe and globally.
Equipment
The first lot included a complement of 2016, 2017 and 2018 agricultural machinery, many of which were still under warranty and included:
- 130 Agricultural tractors, predominantly John Deere
- 80 Agricultural trailers of various makes
- 236 Water bowsers, from 757 ltrs to 7570 ltrs
- 100+ Miscellaneous pieces of farming machinery
- 70+ Telehandlers, predominantly JCB
In addition, the main inventory included a good complement of mixed plant equipment including crushers, rollers, wheeled loaders and excavators, dozers, spares, buckets, small tools, and other popular machinery, all well maintained and with many under warranty.
David Betts, for Euro Auctions, said: “The number of registrations for this sale and the bidders who turned up on the day of both sales was extraordinary, almost unprecedented. This sale had mass appeal in the agricultural, plant and machinery sectors. Prices were strong, and bidding was fierce. However, it was the quality of machinery on offer that attracted an educated crowd. The 130 John Deere tractors were a crowd stopper, with many of the newer machines having less than 200 hours on the clock and may exceeding our estimations, showing the strength of the market.”
A reflection of current residual values
Below are a selection of the hammer price and specifications in the most recent value-to-pricing exercise for lessors in this area.
- £109,000 2016 John Deere 8370R 4WD Tractor c/w Front Linkage, TLS, Cab Suspension, 4 Spool Valves, Air Brakes, A/C (EPA Approved)
- £104,000 2016 John Deere 7310R 4WD Tractor c/w 50K Auto Power, Front Linkage & PTO, TLS, Cab Suspension, 4 Spool Valves, Air Brakes, A/C (EPA Approved)
- £87,500 2016 John Deere 7290R 4WD Tractor c/w Front Linkage, TLS, Cab Suspension, 4 Spool Valves, Air Brakes, A/C (EPA Approved)
- £97,000 2016 John Deere 7290R 4WD Tractor c/w 50K Auto Power, Front Linkage, TLS, Cab Suspension, 4 Spool Valves, Air Brakes, A/C (EPA Approved)
- £86,000 2016 John Deere 6215R 4WD Tractor c/w 50K Auto Power, Front Linkage, TLS, Cab Suspension, 4 Spool Valves, Air Brakes, A/C (EPA Approved)
- £93,000 2016 John Deere 6215R 4WD Tractor c/w 50K Auto Power, Front Linkage, Cab Suspension, 4 Spool Valves, Air Brakes, A/C (EPA Approved)
- £90,000 2016 John Deere 6215R 4WD Tractor c/w 50K Auto Power, Front Linkage, TLS, Cab Suspension, 4 Spool Valves, Air Brakes, A/C (EPA Approved)
- £89,000 2016 John Deere 6215R 4WD Tractor c/w Front Linkage, Front PTO, TLS, Cab Suspension, 4 Spool Valves, Air Brakes, A/C (EPA Approved)
- £77,000 John Deere 6195R 4WD Tractor c/w 50K Auto Power, Front Linkage, TLS, Cab Suspension, 3 Spool Valves, Air Brakes, A/C (EPA Approved)
- £78,000 2016 John Deere 6155R 4WD Tractor c/w 50K Auto Power, Front Linkage, Front PTO, TLS, Cab Suspension, 3 Spool Valves, Air Brakes, A/C (EPA Approved)
- £38,000 2014 Case Puma 215 4WD Tractor c/w Front Linkage, Front Suspension, Cab Suspension, Air Brakes, 4 Spool Valves, A/C
- £30,000 2011 New Holland T6050 4WD Tractor c/w Front Suspension, Cab Suspension, 4 Spool Valves, A/C
On Friday 15th, the heavy equipment day, notable lots showing strong results included:
- £82,500 2017 Komatsu PC210LC-10 700mm Pads, CV, QH, Piped c/w 4 Way Camera, A/C
- £61,000 2018 JCB 540-140 HI VIZ Turbo Powershift Telehandler c/w Sway, Reverse Camera, WLI, A/C, Forks
- £80,000 2017 Komatsu HB215LC-2 Hybrid, 700mm Pads, CV, QH, Piped, Aux. Piping c/w Reverse Camera, A/C
- £65,000 2015 CAT M313D Wheeled Excavator, Blade, Stabilisers, CV, QH, Piped, Aux. Piping c/w Reverse Camera, A/C
- £77,000 2015 CAT M314F Wheeled Excavator, Blade, Stabilisers, CV, QH, Piped, Aux. Piping c/w Reverse Camera,
- £18,000 2017 CAT 301.4C Rubber Tracks, Blade, Offset, QH, Piped c/w Expanding Undercarriage
- £11,000 2016 Yanmar SV16 Rubber Tracks, Blade, Offset, QH, Piped
- £10,250 2017 Yanmar SV08-1A Rubber Tracks, Blade, Offset, Piped c/w Expanding Undercarriage, 3 Buckets
- £170.000 2013 Powerscreen 1000 MATRIX Tracked Cone Crusher
- £177,500 2016 CAT 730C2EJ 6×6 Articulated Ejector c/w Reverse Camera, A/C
- £125,000 2014 Komatsu HM400-3 6×6 Articulated Dumptruck c/w Heated Body, Reverse Camera, A/C
The Hawk Group was headquartered in Prees, in northwest Shropshire bordering Cheshire, and was one of the largest independent plant hire companies in the UK, with 40 years of experience in the plant hire industry, and customer spanning the infrastructure, energy and homebuilding markets.