CA Global Partners - a global leader in asset management and capital recovery and Hickman Shearer - a leading capital asset valuation, management and used equipment sales company, today announced they will conduct an auction of a large portion of the portfolio of Video Europe, Europe’s largest sub-rental provider of cameras, lenses and accessories to the broadcast trade.
Looking to the future, Video Europe is holding an auction on the 20th July 2022 at 10AM BST to sell a large portfolio of quality television and broadcast equipment. The resulting generated funds will boost the strategic growth of Video Europe’s business, particularly focusing on the latest, innovative technologies.
Hickman Shearer and CA Global Partners will be holding the auction, who are building on the success of the recent Arena Television auction which raised over £8.5 million in total sales under difficult circumstances.
As Matt Marner, Director of Video Europe highlighted;
“The speed of innovation in our industry is accelerating and we need to respond by making sure the kit we offer moves apace with this. As a result, we are constantly being dynamic to ensure we maintain a good balance of great, practical, functional gear while also seeking out and investing in the latest generation of equipment. Hence the reason for this auction.”
There will be over 250 lots, with a mix of cameras, lenses, audio visual recording and mixing, broadcast and lighting equipment. These will include:
• Sony and Canon camcorders and lenses
• TV Logic viewfinders and Transvideo monitors
• Recording desks and network hubs
• Vinten, Sachtler and Manfretto tripods and camera mounts.
The auction on the 20th July will be in a hybrid format with a mix of both live and online bidding options, with viewing by appointment on the 19th July in Guilford.
Of the auction, Tim Chapman, partner at Hickman Shearer said:
“Video Europe are exploring a number of investment opportunities and it is particularly exciting to be involved with them on this project. It also illustrates the importance of understanding and recognising your assets, so you can look at how your well-maintained and quality equipment can still easily be used within the industry and enable you to adopt more of a circular economy approach.”
This sentiment is reinforced by Dan Main, EMEA Director of CA Global Partners:
“This is a great chance to purchase genuine high quality and well-maintained kit, while also being able to redistribute this equipment back into the broadcast industry for significant future use too.”
For a more detailed asset list and to register your interest in the auction, please visit https://www.cagp.com/events/video-europe-auction-july-2022/?utm_source=KitPlus&utm_medium=Social+Media&utm_id=VideoEuropeAuction
All images and video footage courtesy of CA Global Partners
