Auction of the business inventory of the insolvent automotive supplier P.C.S. Precision Works Germany GmbH
The clearance of the P.C.S. Precision Works Germany GmbH factory, a renowned manufacturer of engine and transmission parts, marks another phase in the ongoing insolvency process. The industrial auction house Surplex will manage the auction of the company’s inventory. A wide array of high-quality metalworking machinery and accessories are going under the hammer on 21/11.
Surplex, an online auction house for used machinery, has been entrusted with the auctioning of the inventory from the insolvent P.C.S. Precision Works Germany GmbH. On the multilingual platform Surplex.com, approximately 500 high-quality items will be auctioned on the 21 November.
The auction will feature a broad range of metalworking machines, including grinding, milling, sawing, eroding, turning and drilling machines as well as sheet metal processing equipment, precision measuring technology and industrial robots. Machine accessories and workshop equipment will be also available. For instance:
- Double-spindle precision turning centres and CNC turning and milling centres from NAKAMURA-TOME
- Horizontal machining centres from STARRAGHECKERT
- Horizontal machining centres from DECKEL MAHO
- Double-spindle vertical turning centres from EMAG
- CNC coordinate measuring machines from ZEISS
- Industrial robots from KUKA
With such an extensive and high-quality selection of machinery and accessories, the online auction on Surplex.com offers a unique opportunity to acquire quality equipment from the inventory of the now insolvent P.C.S. Precision Works Germany GmbH. From CNC turning and milling centres to industrial robots, there is something for every need in the field of metalworking.
About P.C.S. Precision Works Germany GmbH
P.C.S. Precision Works Germany GmbH was an internationally operating automotive supplier headquartered in Cunewalde, Saxony, Germany. Specialising in the mechanical processing of vehicle components and modules, P.C.S. used state-of-the-art production and manufacturing techniques for both small and large series. The company’s core products included engine and transmission parts supplied to well-known car manufacturers and other suppliers. Despite its expertise and global network, the company has become insolvent.
According to the insolvency administrator, the company’s economic difficulties were multifactorial. Structural changes in the automotive industry, revenue losses due to the Corona pandemic, supply chain issues, and rising energy costs were significant factors The withdrawal of a major order from an automotive corporation was the final blow, compelling the company to file for insolvency in April 2023. The closure of the P.C.S. plant marks a sad chapter for the region and, in particular, for the last 150 employees.
The role of Surplex in plant closure
In the context of plant closures, the role of specialists such as Surplex becomes pertinent. The company supports insolvency administrators in the efficient liquidation of businesses. Its expertise in organisation and worldwide distribution will help to achieve an optimal sales value for P.C.S.’s high-quality machinery, thereby releasing budgets for other urgent needs. After the purchasers have collected their machines and items from the factory, or they have been dispatched, Surplex will hand over the empty building to the owner, swept clean. Although the economic site in the municipality of Cunewalde has seen positive development, the situation remains challenging. Nevertheless, there is optimism for the future establishment of new business areas on the factory site.