Industrial Auction News 899

14th October 2020 – Sale of Buses and Transport Vehicles from Transdev

With generations of experience, global private equity firm CRG has significant expertise in creating liquidity for clients. Using innovative solutions and a range of selling platforms – including online auctions, live webcast auctions, complete turnkey solutions and private treaty sales – CRG sells surplus and underperforming assets for clients across a broad range of industry sectors. This October CRG will sell buses, passenger vans and transport vehicles surplus to the ongoing requirements of Transdev. The sale takes place in conjunction with Heritage Global Partners.

Transport company Transdev operates across 17 countries in North America, South America, Africa, Europe and Australasia, supporting 11 million passenger trips daily. Transdev works in partnership with public authorities and businesses to deliver efficient and innovative transport solutions adaptive to the requirements of the communities they serve. The company specialises in the integration and operation of a wide range of modes of transport including car, bus, trolley-bus, light rail, rail, metro, maritime transport, funicular and bike share. They have a strong focus on environmentally friendly transport; reflecting this Transdev’s Canadian division recently announced their investment of €3 million in a fleet of 27 electric school buses.

The global online auction will take place on the 14th of October. The assets, located in South San Francisco, California, can be viewed by appointment with the auctioneer only. Vehicles available in the auction include: three 2009 Setra S417 luxury passenger coaches; 2010 Vanhool TD925 double decker Astromega bus; nine 2010 Setra S417 luxury passenger coaches; 2008 Mercedes Benz sprinter; 2009 Dodge sprinter.

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