Auction Sale of Complete JD Norman Automotive Component Facility in Horselberg, Germany Currently Underway

Southfield, US – Maynards Industries, a world leader in industrial auctions since 1902, recently announced the continuation of a series of secured party sales of the assets from another complete JD Norman plant in Horselberg, Germany. JD Norman, a major OEM and Tier one supplier of automotive powertrain and components, shut down in 2020 after more than two decades of supplying complete assembled components to major automotive companies such as Mercedes-Benz, Audi, Ford, VW, Fiat, and Kia.

Complete manufacturing lines for automotive powertrain and engine components are among the items to be sold. This massive sale is currently in progress and will conclude on September 29 with an online auction sale. Maynards is managing this sale in collaboration with a global team of automotive asset specialists from Robert Levy Associates, Inc, and Gordon Brothers.

Over 1,000 late model assets from premium brand names like Samag, Heller, Heckert, and others, including 150+ CNC Machines, Deep Drilling Machines, Leak Testing Machines, Robots, Cranes, Quality Assurance Equipment, Toolroom Equipment, Factory Vehicles, and Storage Equipment, as well as Washing, Grinding, Cracking, Deburring, and Honing Machines.

Robert Levy, President, Robert Levy Associates, commented, “This sale of top-quality automotive powertrain manufacturing technology represents a remarkable opportunity for our customers in the automotive industry in Europe and across the world. Beyond that, this auction is important because many of the assets, which were formerly used for machining automotive engine parts, can be easily adapted to service a wide range of applications in a variety of industries.”

Image Source: Magic Wand Media

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