Hilco Global Announces Sale of All Assets at Vallourec Deutschland GmbH

27 April 2023

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.

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

PILGER MILL (complete), including 2017 DANIELI Cross Rolling Mill and 2012 Rebuilt SMS Pilger Mill
BRONX 28"Hot Straightener; Cold Straighteners; Sizing Mill
16"and 26"HEAT TREATMENT Plants
(2018) Ultrasonic Testing GE KRAUTKRÄMER; (2016) TAYLOR WILSON Hydrotester.
(2017) RAGA Inside + Outside Shotblasting Units; Cut-off and Circular Saws; Bevelling Machines
(2017) Hydraulic UPSETTING Press Line GFU
(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

(2019) BILLET SAWS "MFL" + (2) WAGNER
Cooling Bed
Cold Saws:(2) SMS; End Saws (4) "Reika"
(2016) Rotary Hearth Furnace
(3) Mandrel Furnace Units
(6) Roll-Turning Lathes
(10) Saws
(2) Straighteners
(2014) Hydro- & Ultrasonic Testing Line SMS INNSE
(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 ([email protected])

 

Source: prnewswire.com