Euro Auctions has opened a new auction site in Valencia, Spain, to tap into the North African and Middle East markets.
Euro Auctions is the UK’s largest auctioneer of heavy plant and construction equipment and is currently undergoing an expansion across Europe. The location in Valencia, which is one of Spain’s main ports, also allows the company to use the site as a “distribution platform for the currently booming markets of northern Africa and the Middle East”.
“With the arrival of the Valencia site we are strategically positioned to support the currently buoyant markets of North Africa, south Eastern Europe and the Middle East which seem to be ignoring the current global economic trends,” said Jonnie Keys, general manager of Euro Auctions.
The first heavy plant and construction equipment sale at the new Valencia site will take place on Friday 10th December 2010.
The stock for this first auction will number approximately 800 lots, which will include excavators, dumpers, loaders, telehandlers and a large consignment of surplus stock from a leading European rental company.