bankruptcy administration Amaro Group put the industrial complex up for auction. largest fishing company in the province occupied next to the polygon Plain of Sparta. A field that has become one of the most favorite of logistics companies Those who want to settle in the capital of the province due to its proximity to the A-31 motorway, A-7 motorway or access to the port. is part of the sale Liquidation process The fact that the company, which declared bankruptcy in November last year after the closure of the hospitality industry due to the pandemic, exacerbated the delicate situation it was in.
the company had been sold two years ago The operation, which was transferred to the investment fund Acadia Capital by the Amaro family, was concluded in court due to the conflicts that arose between the parties.
The person responsible for running the auction, private platform Eactivos.com, in fact, it has posted the ad on its website so that offers can be made. The term will remain open until November 3.
This type of auction is common when it is not possible to find a buyer for what is called the production unit of the company, that is, there is no investor willing to take over the business and establish continuity. Then the bankruptcy administration individual sale of company assets and most importantly, the auction is held in order to obtain the highest possible amount from their sale, to pay them to the creditors.
Doing this through a portal like Eactivos allows anyone to bid as long as they make a deposit equivalent to 10% of the valuation on the asset. In this case, Amaro’s ship was valued. nine million Euro, so You need to deposit 900,000 Euros, although this does not mean that the submitted bid must reach this amount. In fact, there is no minimum offer from this platform, according to what they have stated.
The warehouse for sale is one of the largest warehouses to be found in the city with its overall dimensions.and 22,449 meters, distributed in five parcels and with different building bodies. For reference, the plot occupying the so-called “hive” of Mercadona, very close to there, is 19,000 square meters.
Regarding the distribution of the building set, there is a targeted one. Offices hangars for parking with four floors (and an area of ​​1,450 square meters) as well as a garage and access area, a loading and unloading dock and associated transit areas. Likewise, it is possible to reach another building between Estrella Polar Street and Saturno Avenue, spread over three floors connected by stairs and a freight elevator. There are car parks, warehouses, toilets, machine rooms, handling room, washing area, doorways, loading and unloading piers, fresh room, warehouse, auxiliary offices, storage areas and toilets.
In the complex you can also find a number of cold rooms, two warehouses, freezing tunnels, machinery departments, one more for electricity and services. In terms of constructability, if you want to increase the complex by building, the maximum allowable height for this is 4 floors and 16 meters.
The five companies that form part of the Amaro Group, Voluntary bankruptcy proceedings at the end of last year with total liability approximately 26 million although most of it is debt within the company, that is, between the different companies that make up the holding. According to the sources consulted, the financial and supplier debt will be around nine million.
The request came after the company failed to close. refinancing agreement sells its largest vessels or with the bank to obtain liquidity.
The firm’s problems came to light after the founding family sold the firm to Acadia Capital in August 2019. As part of the settlement, an audit was conducted, which the fund said revealed hidden liabilities and said it was in a worse-than-expected situation, which caused the dispute. the price of the operation. The former owners even sued the court to denounce the situation.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.