Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    DAR GLOBAL MARKS FIVE YEARS OF GLOBAL EXPANSION WITH USD 23 BILLION DEVELOPMENT PORTFOLIO AND A BOLD VISION FOR THE FUTURE

    June 16, 2026

    Agthia Launches “FUELL” – World’s First Energy Drink Sweetened with Dates

    June 16, 2026

    Vidrio Financial Unveils Alternative Investment (VIP) Ecosystem: A Unified Platform Hub for Data, Decisions, and Deal Flow

    June 16, 2026
    Facebook X (Twitter) Instagram
    • Home
    • Contact Us
    Kuwait DispatchKuwait Dispatch
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Kuwait DispatchKuwait Dispatch
    Home » Hilco Global Announces Sale of All Assets at Vallourec Deutschland GmbH
    PR Newswire

    Hilco Global Announces Sale of All Assets at Vallourec Deutschland GmbH

    April 26, 2023
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    NORTHBROOK, Ill., April 26, 2023 /PRNewswire/ — Amsterdam-based Hilco Industrial Acquisitions, an operating company of U.S.-based Hilco Global, announced today the strategic partnership for the sale and project management relating to the disposition and removal of all assets at Vallourec Deutschland GmbH, which are located at two production sites in Düsseldorf-Rath and Mulheim an der Ruhr. The assets to be sold, are primarily related to Seamless Steel Pipe Production Lines. The sale will be conducted in partnership with National Machinery Exchange, Inc. Hilco Industrial Acquisitions has listed these assets for sale on their website Hilcobid.com. The production will cease at the end of 2023.

    Hilco Global Asset Smarter

    Vallourec Deutschland is a global leader in the production of premium tubular solutions catering to the energy markets and demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. On 18th November 2022, the company management and employee representatives have mutually agreed to close their German operations. Vallourec is known for its innovative spirit and cutting-edge research and development, which enables them to explore new technological horizons.

    Featured Equipment –
    Plant No. 1 – Düsseldorf-Rath, Germany
    16″ & 26″ Pipe Manufacturing Equipment

    1. PILGER MILL (complete), including 2017 DANIELI Cross Rolling Mill and 2012 Rebuilt SMS Pilger Mill
    2. BRONX 28″Hot Straightener; Cold Straighteners; Sizing Mill
    3. 16″and 26″HEAT TREATMENT Plants
    4. (2018) Ultrasonic Testing GE KRAUTKRÄMER; (2016) TAYLOR WILSON Hydrotester.
    5. (2017) RAGA Inside + Outside Shotblasting Units; Cut-off and Circular Saws; Bevelling Machines
    6. (2017) Hydraulic UPSETTING Press Line GFU
    7. (6) Mori-Seiki SL 80, SL60, SL 45, HW 700 CNC Lathes

    Plant No. 2 – Mülheim an der Ruhr, Germany
    7.5″ Pipe Manufacturing Equipment

    1. (2019) BILLET SAWS “MFL” + (2) WAGNER
    2. Cooling Bed
    3. Cold Saws:(2) SMS; End Saws (4) “Reika”
    4. (2016) Rotary Hearth Furnace
    5. (3) Mandrel Furnace Units
    6. (6) Roll-Turning Lathes
    7. (10) Saws
    8. (2) Straighteners
    9. (2014) Hydro- & Ultrasonic Testing Line SMS INNSE
    10. (2011) Ultrasonic Tester “GE-KRAUTKRAEMER”

    According to Robert Bouland, CEO at Hilco Industrial Acquisitions, the sale of assets on behalf of Vallourec Deutschland presents an exceptional opportunity for buyers who are looking for modern, high-quality machinery for various industrial applications. These applications include mechanical pipes, structurals, cylinder pipes for industrial usage, boiler heads, nuclear for power generation, and OCTG for oil and gas purposes. Bouland further added that they anticipate receiving a considerable level of interest from Asia, Middle East, and the Americas. Additionally, the company is willing to explore offers from potential buyers for purchasing a comprehensive package of significant assets.

    To arrange an inspection, access more detailed information about the assets which are being sold, or to learn specific information about the sales process please contact: Margot Ter Bogt (mterbogt@hilcoglobal.com)

    About Hilco Industrial Acquisitions, B.V.: Hilco Industrial Acquisitions, B.V. (www.hilcohia.com ) is based in Amsterdam in the Netherlands and provides industrial asset acquisition and disposition services, specializing in machinery, equipment and inventory auctions and negotiated sales. It sells the broad range of industrial assets found in manufacturing, wholesale, and distribution companies. The company buys and sells assets through on-site, online and combination webcast auction sale events as well as negotiated (private treaty) sales. In addition to providing services on a fee or commission basis, Hilco Industrial Acquisitions, B.V. puts capital at risk and often acquires assets or provides guarantees.

    Hilco Industrial Acquisitions, B.V. is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world’s leading authority on maximizing the value of business assets by delivering valuation, monetization, and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate repositioning and renegotiation, strategic advisory, operational consulting, and strategic capital solutions.

    Logo – https://mma.prnewswire.com/media/1167212/Hilco_Global_Asset_Smarter_Logo.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/hilco-global-announces-sale-of-all-assets-at-vallourec-deutschland-gmbh-301808701.html

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    DAR GLOBAL MARKS FIVE YEARS OF GLOBAL EXPANSION WITH USD 23 BILLION DEVELOPMENT PORTFOLIO AND A BOLD VISION FOR THE FUTURE

    June 16, 2026

    Agthia Launches “FUELL” – World’s First Energy Drink Sweetened with Dates

    June 16, 2026

    Vidrio Financial Unveils Alternative Investment (VIP) Ecosystem: A Unified Platform Hub for Data, Decisions, and Deal Flow

    June 16, 2026
    Latest News

    Ebola cases in DR Congo rise as WHO warns on spread

    June 13, 2026

    Dubai Customs intercepts 223 live animals at airport

    June 13, 2026

    Etihad adds free medical cover for Abu Dhabi visitors

    June 13, 2026

    South Korea tops Czechia 2-1 in FIFA World Cup Group A

    June 12, 2026

    Kuwait flights resume after brief airspace closure

    June 11, 2026

    UAE and US discuss UN cooperation in Abu Dhabi

    June 11, 2026

    KSQF UNICEF project helps children leave Congo mines

    June 11, 2026

    DR Congo Ebola cases rise to 598 as deaths reach 115

    June 10, 2026
    © 2026 Kuwait Dispatch | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.