MOTA-ENGIL PUBLIC AUCTION: +120 CIVIL CONSTRUCTION EQUIPMENTS

The Mota-Engil Public Auction results from the divestment of assets in partnership with LEILOSOC®.

Mota-Engil makes available, throughout the year, a range of assets for sale to the specialized market of civil construction and public works. These initiatives aim to divest in equipment that no longer adds value to the construction company, while simultaneously constituting business opportunities for other companies in the sector, at competitive prices.

The In-Person Auction of Mota-Engil's equipment takes place this Thursday, November 7, 2024, at 2:30 PM, at the Mota-Engil Yard (Estrada das Fontaínhas, 81 · 2135-009 Samora Correia, Benavente). The sales process results from the partnership with LEILOSOC® Worldwide, the auction house responsible for organizing the event.

More than 120 lots of machines and equipment related to the civil construction and public works sector will be put up for sale, such as: concrete mixers, tank trucks, rollers, backhoe, wheel loader, crawler tractors, water tank trailer, excavator, concrete pump, shipping containers, prefabricated units, generator sets, submersible pumps, and mechanical sweepers.

Interested investors may also bid on heavy vehicles: 14 dump trucks and tri-dump trucks, from the brands Mercedes-Benz, MAN, and Volvo.

The auction also includes lots of IT equipment (printers, UPS, and plotter) and home appliances (refrigerators and TVs).

The Mota-Engil In-Person Auction provides a favorable environment for the acquisition of equipment at competitive prices. This is a unique opportunity, due to the attractiveness of the prices and the possibility of negotiating directly. It allows buyers to explore different options and make strategic investments.

For those looking to stand out in the civil construction market, this auction presents assets that guarantee efficiency and competitiveness!

The catalog with all assets can be consulted here.

In addition to conducting Mota-Engil's auctions in Portugal, LEILOSOC® is the sales agent and partner of Mota-Engil Africa, specifically in Angola, Mozambique, Cape Verde, and Ivory Coast.

Divest to Invest®

LEILOSOC® designates the strategic management of assets/businesses as “Divest to Invest®,” which consists of divesting with the purpose of investing the resources obtained in areas with greater potential for growth, innovation, or profitability.

In other words, the investment is applied to new business areas or as an efficient way to manage assets that have ceased to be operational and have become a fixed cost.

Divestment consists of the process of selling or discontinuing assets by a company or entity. It arises from the intention to invest in new equipment or any asset that better aligns with its strategic objectives.

In summary, the capital necessary to make new investments is, not infrequently, within the company itself. The strategic organization of companies often involves restructuring, remodeling, and selling assets as a way to obtain liquidity, reduce costs, and pave the way for new investments.

Mota-Engil

Mota-Engil is one of the largest construction companies in Portugal, with a global presence and operations in areas such as construction, engineering, and infrastructure management, transport, mining, and energy. Founded in 1946, the company has expanded to more than 20 countries, with a strong presence in Europe, Latin America, and Africa, where it develops projects with significant economic and social impact.

Known for its technical capability and innovation, Mota-Engil contributes with projects that include highways, railways, airports, and energy systems. Its commitment to sustainability and social responsibility is also notable, evidenced by its participation in community and environmental development initiatives in the countries where it operates.

Article by Isabel Meireles dated November 5, 2024