Heritage Global Partners Retained by Triumph Group to Manage the Sale of Surplus Manufacturing and Assembly Assets

NASHVILLE, Tenn. & SAN DIEGO--()--Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services and a subsidiary of Heritage Global Inc. (OTCQB: HGBL, CSE: HGP), today announced it has been retained by Triumph Aerostructures, LLC to manage an upcoming sale featuring a selection of surplus industrial assets used in the manufacturing and assembly of aircraft fuselages, wings, empennages, nacelles and helicopter cabins.

HGP is immediately considering qualified offers for all assets prior to the global online auction, which will begin November 30, 2016. The equipment is located at Triumph’s Nashville site at 1431 Vultee Blvd., Nashville, TN 37217.

Triumph Aerostructures Surplus Manufacturing & Assembly Assets 
November 30, 2016 (7:00 a.m. CST) – December 1, 2016 (12:00 p.m. CST) 
http://www.hgpauction.com/auctions/86067/triumph-aerospace-nashville/

Sale registration and a complete sale catalog featuring photos, equipment specifications and other information is available on HGP’s website. Parties interested in inspecting the assets, preparing an offer, or bidding at auction may arrange a preview by contacting Nick Dove (information below).

“The upcoming sale of Triumph’s surplus industrial assets is a phenomenal opportunity for aircraft original equipment manufacturers (OEMs) serving the commercial, regional, business, military and cargo aviation industries to bid on well-maintained equipment used to manufacture and assemble aircraft components. The sale will begin on November 30, 2016, however, should a well-capitalized potential buyer have an immediate need for any available assets, we are accepting bidding offers prior to the anticipated auction date,” stated Nick Dove, Director of Sales at HGP.

Contacts

Heritage Global Partners
Nick Dove, +1-858-847-0659
ndove@hginc.com
or
JCIR
Jennifer Neuman or Nicole Briguet, +1-212-835-8500
HGP@jcir.com

Release Summary

Triumph Aerostructures selects Heritage Global Partners to sell surplus industrial assets used in the manufacturing and assembly of aircraft fuselages, wings, empennages, nacelles and helicopters.

Contacts

Heritage Global Partners
Nick Dove, +1-858-847-0659
ndove@hginc.com
or
JCIR
Jennifer Neuman or Nicole Briguet, +1-212-835-8500
HGP@jcir.com