Assets of the Former

Kellogg’s London Facility

FINAL AUCTION SALE!

Date

Tuesday, April 26, 2016

Start Time

9:30 AM EDT

Inspection

Monday, April 25 from 9:00 A.M. to 5:00 P.M. and morning of auction to start of auction.

Removal

ALL ITEMS: No later than Friday, May 20 by 5:00 P.M.

 

Location

Kellogg’s London Facility - Final Sale
100 Kellogg Lane, London, Ontario, Canada, N5W 2T5

A massive quantity of high quality food grade manufacturing assets that are now available will be sold. This will be an incredible opportunity for all! Corporate Assets Inc. in conjunction with the new owners of the property, have brought many of the assets down into the main warehouse space for ease of shipping, and assets will be available for sale in this 2nd and FINAL sale that were not available for purchase the first time around.

A brief summary of assets for sale include: PROCTOR & SCHWARTZ (2010) natural gas fired stainless steel through type dryer oven, (4) SLEEGERS (1997) steam pressure cookers, (7) SLEEGERS stainless steel offset tumble pressure cookers, (5+) ALLOY CRAFT CO stainless steel steam pressure cookers, (5+) ROBINSON flaking mills, (3) 15HP shredding mills, (4) stainless double roll rice pickers, Large Capacity & Steam Heated through type Stainless Steel Dryer Ovens, (25+) Vertical and Horizontal stainless steel tanks and pressure vessels, large toasting ovens, HUGE ASSORTMENT OF WAUKESHA AND FLOWMASTER STAINLESS STEEL AIR ACTUATED SANITARY VALVES & INSTRUMENTATION, MCC panels and electrical equipment, (30+) BUHLER air locks and (15+) AERZEN blowers, LARGE ASSORTMENT OF STAINLESS STEEL CONVEYORS & AUGERS, various dust collectors, heat exchangers, (35+) GOULDS & WAUKESHA CENTRIFUGAL pumps, LARGE ASSORTMENT of STAINLESS STEEL and conventional rolling totes with bottom discharge, mixing kettles and agitators, hydraulic up enders, portable fume extractors, ASSORTMENT OF HYDRAULIC DRIVES & PUMPS, FORTRESS PHANTOM metal detectors, SPARE PARTS & ACCESSORIES; LARGE CONTROL ROOM AND IT DEPARTMENTS consisting of COMPU-AIRE (DEC 2010) CAW-2035C 20 ton server room special purpose air conditioner with 269,000 BTU/HR capacity; (50+) process control cabinets loaded with PLCs, microprocessor boards, relays, contactors, scale DRO's and I/O boards; APPROX. 15, 000 SQ/FT of specialty raised server room floor (will be divided & sold by the sq/ft); (3) lrg cap HALON server room automatic fire suppression systems; factory support equip.; GROVE 4000 LBS CAP LPG carry deck mobile crane; HYSTER 15,000 LBS CAP LPG forklift & MUCH MORE!

ONSITE & ONLINE

Terms & Conditions

Corporate Assets Inc. assumes no liability for errors or omissions on this Web site. Corporate Assets Inc. expressly reserves the right to determine the manner of conducting the auction as it may deem appropriate. All subject to prior sale.

DOWNLOAD CORPORATE ASSETS INC. FULL TERMS & CONDITIONS

MODALITÉS ET CONDITIONS DE VENTE


Payment

-WEBCAST (REMOTE) BIDDERS

Pre-Approval by Corporate Assets Inc. will be required. To participate in the auction you must register and be approved. All Webcast (Remote) Bidders require a deposit equal to 25% of their requested Purchasing Limit (the maximum amount they plan to spend) plus the Buyer's Premium (see below for applicable Buyer's Premium) and must be by Direct Bank Wire Transfer. To ensure approval as a Bidder please make deposit arrangements as far in advance of the sale as possible. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

Invoices for the balance of the purchase price will be emailed and/or faxed to successful bidders within 24 hours of the close of the auction and are due upon receipt.

-GENERAL

All buyers must complete the "Buyer Deposit Form" and provide Corporate Assets Inc. with a 25% deposit of their total intended purchase amount by way of wire transfer.* The deposit must be received by no later than 1 business day prior to the commencement of the sale.**

Payment in full must be made before or immediately after the conclusion of the auction.

* Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution.

** In order to meet the Terms and Conditions of Sale, please keep in mind that wire transfers traditionally take between 2 - 4 business days to be processed by your bank. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

For International (Non Canadian and Non U.S. Residents) Buyers, Webcast Remote Buyers & Online Buyers, all payments shall ONLY be by way of wire transfer.

For Canadian and U.S. On-site Buyers, all payments shall be by way of wire transfer, certified cheque, bank draft, Interac, or company cheque accompanied with a valid bank letter of authorization guaranteeing irrevocable payment to Corporate Assets Inc. in the following format: "Name of Bank hereby guarantees irrevocable payment of cheques payable to Corporate Assets Inc. up to Amount in Words & Currency for purchases made by our client Name of Client. This letter is valid for purchases made at the auction of Name of Auction being held in City, State/Province on Date."

Payment by way of Visa or Mastercard will ONLY be accepted for purchases, and not for deposits, from buyers whose total invoice does not exceed $2,500.00.

Payments may be made in advance of the auction by way of wire transfer and any balance in excess of the balance owing will be refunded after the auction.

The Auctioneer reserves the right to put articles back up for auction if a deposit is not received at or before the time of sale.

A Buyer's Premium of 16% for all onsite bidders and 18% for all Webcast (Remote) bidders will apply at this sale.

THIS SALE WILL BE CONDUCTED IN USD.

Download Full Payment Information
Download Buyer Deposit Form
CAD Wire Transfer Details
USD Wire Transfer Details


Proxy Bidding

To place a proxy bid, please refer to the Corporate Asset Inc. PROXY BID FORM or email us at: info@corpassets.com for more information.

All Proxy Bids must be completed in writing, either typed or hand-written, indicate the name of the auction sale, and must be signed and dated. They must be faxed or mailed to our office and received by no later than 3:00 P.M. EST on the day before the auction.


Download Proxy Bid Form