PR95055

NORTHBROOK, Ill., Mar. 21, 2022 /PRNewswire=KYODO JBN/--

Amsterdam-based Hilco Industrial Acquisitions, B.V. ( https://www.hilcohia.com

) , an operating company of U.S.-based Hilco Global (

https://www.hilcoglobal.com/ ), announced today the strategic acquisition of

all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in

Duisburg-Huttenheim, Germany. The assets are now up for sale on Hilcobid.com (

https://hia-sales.hilcobid.com/auctions/info/id/180 ).

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Europe's second largest steel producer, ThyssenKrupp, shuttered the German

facility in September 2021. During its operation, the heavy plate rolling mill

facility produced approximately 850,000 metric tons of steel which was used for

shipbuilding, offshore and heavy fabrication construction production.  In

addition to the rolling mill, other items for sale consists of late model

furnaces, hot- and cold-levelers, quenches, inline ultrasonic inspection,

shotblasting/priming, and numerous flame and plasma cutting machines.

Robert Bouland, Managing Partner at Hilco Industrial Acquisitions, B.V.,

stated, "This sale represents an outstanding opportunity for buyers seeking to

purchase high-quality, late model machinery used in a combined roughing and

finishing mill." Bouland added, "We anticipate many interested buyers from

Europe, Asia, and the Americas and will entertain offers in acquiring the

entire facility or for individual assets."

Hilco Industrial Acquisitions, B.V. continues to expand their acquisition

portfolio in the mill equipment space. Most recently, Compania Siderurgica

Huachipato S.A. (CAP ACERO) from Chile has engaged the company to sell steel

and rolling mill equipment no longer needed in CAP ACERO's continuing

operations. Hilco Industrial Acquisition recently sold the 2 million ton per

year Dongkuk Steel Heavy Plate Mill from Korea, as well as the 2015 Danieli

Rebar Mill at Posco SS Vina in Vietnam.

Information about the assets and ability to purchase each item are available on

Hilcobid.com (

https://c212.net/c/link/?t=0&l=en&o=3476471-1&h=4151763068&u=https%3A%2F%2Fbit.ly%2FThyssenKruppHeavyPlateMill&a=Hilcobid.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.

SOURCE:  Hilco Global

CONTACT: Robert Bouland, Managing Partner

         Hilco Industrial Acquisitions, B.V.,

         Email: RBouland@hilcoglobal.com, Telephone: +31-651-741-363