Tag: Diligence Services

Hilco was appointed by our client, a leading Loss Adjusting firm for expertise in inventory valuation for an insurance claim involving a significant quantity of stock affected by fire

We were approached by our client seeking a fast solution. The client had over 60 items of powder and liquid blending, filling and packaging equipment located on the Aware Environmental Pty Ltd (Administrators Appointed) in Dandenong.

Hilco were approached by the owner of Millpack Pty Ltd. Millpack was set-up to make nut past which could be used for a range of health products including being used as a key ingredient in a nut milk. The manufacturing plant was set up in Carrum Downs and included late model assets:

Hilco was appointed by a major Loss Adjusting firm for one of Australia’s prominent Insurers. The claim related to damage caused during specialised transport. The machine was unfit for purpose, disappointing given the low hours it had operated. Most auctioneers/brokers are concerned with a quick sale process; this case study is a demonstration of Hilco team’s main focus in creating solutions based on maximum recovery to the insurer, minimal impact on other stakeholders and maximise green footprint.

Our client is a Major Australian Bank and ASX-listed company providing industrial products and services to the mining, construction, and manufacturing sectors throughout Australia and New Zealand. Our clients were seeking to establish a lending relationship and for the Company to enjoy the improved financing costs.