AVB Group, formed as VPB Auctions 1993, is an auctioneering, valuation, and brokerage entity servicing the earthmoving, road and general construction, Local Government and port authority sectors. In 1991 a NZ Statute required Council Works Departments to become independent, competitive, trading entities. Assets had to be valued for the transition. The restructured result produced a vast array of surplus vehicles and plant representing significant capital.

Working mostly before then in fleet disposals, AVB was briefed to value several of these units, and began conducting on-site auctions disposing of surplus plant. The creation of an extensive database of Residual Values early in our auction days made moving into plant & machinery valuations' a natural progression.

Valuations have gradually become a major service area for the operation.

Our brokerage service reduces costs, and retains the critical prerogative of meeting or rejecting what the market offers until Vendors' are satisfied with the value established. Assets sold in this way extract as much from the market as possible. While AVB Group's work in the area of real property, estate clearances and farm clearing sales has been minimal, we have staff members with this expertise, and we are available.

We are not limited to standard equipment disposals. Over the years we have been successful in maximising the value inherent in highly specialised plant such as tunnelling equipment, transformers, and Port handling equipment ranging from mobile harbour cranes, to container forks and reachstackers. The reverse is an allied service acquiring general or specialised, hard-to-find, spares or machinery.

For your requirements in any of these areas, contact us at: jim@avbgroup.co.nz.

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