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Hilco Industrial and Quaker City Auctioneers Sell all Assets belonging to A-1 Specialized Services & Supplies to Bulk Buyer

Sep 11, 2017

Sale Contained Recycled Automotive Converter Processing Equipment, Support Equipment, Material Handling, and Machine Shop

 (NORTHBROOK, IL, September 08, 2017) -- Hilco Industrial and Quaker City Auctioneers announced that they sold substantially all the assets belonging to A-1 Specialized Services & Supplies to a bulk buyer. The bulk sale included a large quantity of machines, equipment, and systems used in the recycling of catalytic converters.

 The assets included: (4) ceramic catalytic converter processing lines, (30) hydraulic guillotine shears, secondary sampling lines, magnetic separating, screeners, dust collectors, hammer mills, rolling stock, forklifts, heavy equipment, containers/bins/pallets, and other plant and production support equipment.

 Hilco Industrial and Quaker City Auctioneers have valued and monetized millions of dollars in similar assets worldwide, and were selected by A-1 Specialized Services and Supplies, Inc. to market and sell their assets.

 To access more detailed information about this sale visit: https://www.hilcoind.com/sale/a-1-specialized-services/featured or contact:

 Ed Cervac – SVP of Hilco Industrial, ecervac@hilcoglobal.com, +1 847-849-2935

John Magnuson – COO Hilco Industrial, jmagnuson@hilcoglobal.com +1 847.504.3204


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.

About Quaker City Auctioneers 

QCA (http://www.quakercityauction.com) is a 3rd generation full-service industrial and commercial auction, liquidation and appraisal company with 85 years of experience in buying, selling, auctioning, appraising and liquidating all types of machinery, equipment and real estate.

QCA conducts state-of-the-art on site, live, webcast, theatre-style, or timed online auctions. Your specific circumstances or situation will dictate the manner of liquidation to maximize the value of your assets. Our certified appraisers will value your assets in any location.

About A-1Specialized Services & Supplies

A-1 Specialized Services & Supplies, Inc. is the world's leading recycler of platinum group metals (PGMs) from automotive catalysts, managed in accordance with the highest standards, as certified under ISO:9001, ISO:14001 and OHSAS 18001. The company had two principal lines of business: the processing of salvage automotive catalytic converters, platinum spark plugs, oxygen sensors, and non-automotive catalysts obtained worldwide from networks of dismantlers, scrap yards, parts dealers, and manufacturers, to recover platinum, palladium and rhodium, and the marketing and sale to consumers of these same metals in commodity-grade form.