Disposal of surplus & redundant assets
Sector & in-Depth Asset Analysis
RICS Accredited Market Valuation Report
A UK based aerospace and automotive business required a series of valuations to fund the potential acquisition of a rival global automotive manufacturing business through securing funding against the machinery & equipment, inventory, freehold property and accounts receivable of the two companies.
Due to the restricted timescale stated by the advisers for target company, European Valuations mobilised a team of seven valuers to carry out the various valuations & appraisals simultaneously across the company’s operating sites in the UK and France.
By mobilising a committed and experienced team to carry out the work concurrently European Valuations submitted, our market focussed valuation advice within the restricted timescale, which allowed the client to have time to structure the deal prior to the end of the exclusivity period.
The deal subsequently was approved with two major banks who funded the transaction with a £45 million facility.