Heritage Global Partners and Maynards Selected to Jointly Manage Disposition of Nanosolar’s Multipurpose Manufacturing Equipment, Thin Film Solar Production Machinery and Related Capital Assets
– Sale Features Thousands of World-Class Assets not exclusive to Solar Industry Including Metal Wrapping Technology, Heat Treatment Processing Lines, Lab Equipment, Machinery and Tooling, plus much more –
SAN DIEGO and SAN JOSE, CA – July 9, 2013 – Heritage Global Partners (“HGP”), and its parent company Counsel RB Capital (OTCQB: CRBN), in partnership with Maynards Industries Ltd, today announced that they have been retained by Nanosolar Corporation, a leading global manufacturer of cost-efficient thin film solar cells and panels, to jointly manage a bulk and piecemeal sale for its state-of-the-art solar production and manufacturing equipment and related capital assets of its California-based factory.
The global online auction begins August 13, 2013 at 10 am PT and ends August 14 at 10 am PT. Interested bidders are invited to visit the Heritage Global Partners booth #8636 for more information regarding Nanosolar’s assets during the InterSolar North America Conference July 9-11 at the Moscone Center in San Francisco. Prospective bidders may also visit Nanosolar’s factory (5521 Hellyer Avenue, San Jose, CA) in advance of the sale August 12-13. For more information, contact David Barkoff of Heritage Global Partners (contact info below).
“We look forward to partnering with Maynards to conduct the global online sale of Nanosolar’s world-class assets. We anticipate very strong demand from worldwide buyers as the upcoming sale represents a unique opportunity to purchase high-quality assets that can be used in a variety of industries, in addition to the solar sector,” stated David Barkoff, Director of Sales at Heritage Global Partners.
“We are extremely pleased to be represented by Heritage and Maynards, who we’ve selected for their extensive market knowledge and collective expertise across a wide variety of industries,” stated David Wilson, Chief Financial Officer of Nanosolar.
Maynards Industries is a leading global industrial and commercial asset valuation and auction company, with more than 110 years of experience buying and selling assets of all types throughout Canada, the United States, Europe, Japan and China. Specializing in recovering value from underperforming and surplus facilities and assets, Maynards manages professional asset disposition solutions in a comprehensive range of industries including automotive, forestry, plastics, printing, energy, construction, semiconductor and more. www.maynards.com
Led by auction industry pioneers Ross and Kirk Dove, Heritage Global Partners is one of the leading worldwide asset advisory and auction services firms, assisting companies with buying and selling assets. HGP specializes in asset brokerage, inspection, and valuations, industrial equipment and real estate auctions, and much more. http://www.hgpauction.com/