Unique modern radiator manufacturing sale announced


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August 2, 2019

Global advisory and asset management specialists, Gordon Brothers, has announced the unprecedented sale of Quinn Radiators manufacturing facility situated in Newport, South Wales.

The Quinn Radiators manufacturing plant is located in a state-of-the-art facility, spanning across a building of 1.2 million square feet, with the capacity to produce, package and store an estimated four million steel panel radiators each year. Producing round top, compact, towel and low surface temperature radiators, Quinn Radiators Limited is one of the most advanced plants in Europe.

This type of sale rarely occurs and is a unique opportunity for the steel fabrication and radiator manufacturing industry to take advantage of.

Assets for sale by Private Treaty:

(2) Complete Panel Radiator Manufacturing lines, 12m / minute capacity, with Schuler Radiator and Winter Fin Presses, Leas welding and conveying equipment, ABB Robots (2005 / 2006)

Norcar automatic proof testing, plugging and stacking line conveyor system

Kraft automatic palletising plant (2006)

Swisslog automatic warehouse system with high bay racking and 41,176 pallet spaces

Paint plant with multi-lane washing, painting and drying conveyor system etc.radiator warehouse

Kraft radiator packing lines

Kraft automatic palletising plant

Gordon Brothers Valuations & Industrial Director, Simon Bamford said:

“We are excited to announce the unprecedented sale of domestic and specification heating radiators from ‘Quinn Radiators Limited’. The sale presents a unique opportunity for those in the radiator manufacturing industry to purchase one of Europe’s most state-of-the-art radiator manufacturing lines at competitive prices.”

The deadline for expressions of interest is 3.00pm on the 5th August, followed by an online auction for general plant and equipment. Additional information can be found here: https://www.bidspotter.co.uk/en-us/auction-catalogues/timed/gordonbrothers/catalogue-id-gordon10050

For further enquires on the sale or to view by appointment please contact, Simon Bamford sbamford@gordonbrothers.com, Jenni Pearce jpearce@gordonbrothers.com or Kimm Smith ksmith@gordonbrothers.com

For all press enquiries please contact BWP Group, harriet.sweet@bwpgroup.com and nicola.goodman@bwpgroup.com

 

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