19 September 2014 | Electro Motion UK (Export) Ltd
Electro Motion completes €1.3 Million machinery deal
It''s unusual to close a deal for €1.3 million in as little as 3 days, that''s what happened at Electro Motion recently.
The Leicester based used machinery supplier, were given the task of selling a complete fabrication facility. The owner had decided to sell one of his plants and didn’t want to go down the route of selling by auction. He needed a simple solution and the single buyer option was his preference. Within a few minutes of Electro Motion sending an email to their extensive worldwide database, the phone was ringing. A client from the U.A.E was interested in the whole package of machinery. A video of the plant and more photos were sent to the interested party.Next day a deal was agreed. Electro Motion were very happy that just one day later half the payment was in their bank account.
Managing Director David Gadsden said ''the package of machinery we were offering doesn''t come on the market every day, we were confident that we could sell the equipment quickly for the seller. I have to admit I didn''t expect it to be tied up quite as quickly as it was. I''m pleased to say the seller, the client and Electro Motion are all happy with the outcome.''
The machines will be moved from their site in Europe in the coming weeks and will once again be earning revenue for their new owner.