Saint-Gobain PAM UK has appointed NCM Auctions to manage the complete clearance of its Holwell foundry facility in Melton Mowbray. The Doncaster-based auction and asset management company will also oversee the asset recovery of the entire foundry complex.
The historic Holwell foundry, established in 1881, has been a significant part of Melton Mowbray’s industrial heritage for over 140 years. The facility specialised in manufacturing access covers and gratings for the water and sewage industry until its recent closure, with production operations being moved to a sister facility in France.
NCM will execute a comprehensive site clearance program at Saint-Gobain’s Holwell facility. The program will combine careful decommissioning with optimised asset value recovery through an auction.
This online auction will feature an array of specialist foundry equipment, including overhead cranes, weighbridges, lathes, milling machines, compressors, conveyors, racking and many other items.
Amy Rutherford, Partnership Lead at NCM, said: “This contract award from Saint-Gobain represents a significant milestone for NCM Auctions and reinforces our position as a trusted and leading partner in industrial site clearances.
“Saint-Gobain’s commitment to sustainability is truly commendable. By auctioning off a wide array of specialist equipment, they support the local community and businesses and ensure that valuable resources are recycled and reintegrated into the circular economy.”
The collection will be sold via an online auction with lots ending from 1pm on Thursday 20 February. NCM will also be considering private treaty sales for the disposal of these assets.
