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Hilco Industrial Acquisitions B.V. Will Sell the Machinery and Equipment Assets from Ford Motor Genk Facility in Belgium

NORTHBROOK, ILL., Sept. 29, 2015 (GLOBE NEWSWIRE) -- Hilco Industrial Acquisitions (www.hilcoind.com) announced today that due to closure, they have, purchased assets formerly owned by Ford Werke GmbH located at the former Ford Motor Company Vehicle operations in Genk, Belgium.

Hilco Industrial Acquisitions will begin to sell these assets immediately through a Private Treaty Sale and the event is scheduled to go through November of 2015. Hilco Industrial directors have indicated that there has been substantial interest in the machinery and equipment at the facility from global buyers from Asia, Europe, North-and South America.

Following the private treaty sale, Hilco Industrial Acquisitions will also sell the assets through a public auction scheduled for November 10 2015. The Ford Genk Body & Assembly facility occupied 140 acres and had produced approximately 14 million vehicles during 50 years in operation. Ford Motor Company announced in late 2013 that they would shut down the factory. Some of the equipment offered for sale includes four transfer presses by Schuler, eleven tandem press lines, blanking lines and a wheel plant.

To arrange an inspection appointment, access more detailed information about the assets being sold, or learn specific information about the private treaty sale process and the auction, visit www.hilcoind.com/FordGenk or contact:

Martin Kolodziejczyk (+31 20.470.0989 and mkolo@hilcoglobal.com)

About Hilco Industrial: Hilco Industrial (www.hilcoind.com) 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. Hilco Industrial 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 puts capital at risk and often acquires assets or provides guarantees.

Hilco Industrial 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 equity investments.

CONTACT: Gary C. Epstein EVP - Chief Marketing Office Hilco Global gepstein@hilcoglobal.com www.hilcoglobal.com +1 847 418 2712

Source: Hilco Global