Skip to main content

Successful sale

Euro Auction continues its record sales with the highest ever hammer price for a sale at its German facility in Dormagen.
March 1, 2012 Read time: 1 min
214 Euro Auctions continues its record sales with the highest ever hammer price for a sale at its German facility in Dormagen. The event was run on the 15th and 16th September sale and shows a continued gain in interest in Germany for used equipment, with registrations continuing to increase sale on sale by approximately 15%. The firm says that around 30% of the lots sold will remain in Germany, although buyers from 44 countries participated in the sale from as far afield as South Africa, Syria, Yemen, Israel, Afghanistan, Indonesia and Australia. German buyers bought more items than any other country and first time registrations from buyers were highest from Germany, while most sellers were also from Germany. More buyers were resisted from Germany and of all first time registered buyers that bought at this sale, the highest number were German. The registered bidders included an ever growing number of dealer representatives, with most from Germany. Online sales were strong with over 29% of buyers purchasing online, with internet bidders targeting excavators weighing over 20tonnes, wheeled excavators, telehandlers, mini excavators and backhoe loaders. The top online buying countries were: Germany, Netherlands, Belgium, United Kingdom and Poland.

For more information on companies in this article

Related Content

  • A bridge of hope?
    July 18, 2012
    As Russia prepares for a major Asia Pacific conference in nearly four years' time, the economic climate is felt in other countries in the region. Patrick Smith reports AUS$1 billion-plus suspension bridge is to be built to link the city of Vladivostok in the far east of Russia and Russky Island. Russia's President Dmitry Medvedev has signed an instruction for construction of the 3,150m long bridge, which is intended to provide access to the 24th Asia Pacific Economic Cooperation (APEC) summit, to be held o
  • Interest mounts in Euro Auctions’ debut US auction
    May 9, 2013
    Nearing 400 construction machinery and industrial equipment lots already set to go under the hammer on June 26th, the first US auction for Euro Auctions at its recently acquired site in Newnan, near Atlanta, Georgia, USA is on course to be a real success. The Northern Ireland-founded auctioneer’s American auction debut includes lots from consignments from some of the largest rental companies in the US and other regional dealers and rental companies.
  • World aggregates demand to grow
    March 18, 2016
    The global market for construction aggregates is projected to advance to 51.7 billion tonnes in 2019, representing an annual growth rate of 5.2%, according to a new study by the Freedonia Group.
  • Record attendance for bauma 2019 exhibition
    April 15, 2019
    The bauma construction and mining machinery exhibition once again broke records for attendance and exhibitors. The bauma 2019 event in Munich, Germany attracted over 620,000 visitors, with around 3,700 exhibitors from 63 countries. According to the show organisers, there was a sharp jump in overseas visitors too with attendees coming from over 200 countries, bauma 2019, the world’s leading trade fair for construction machinery. The attendance and exhibitor numbers were the best in the exhibition’s 65-year