This Machinery Valuation Specialist Provided Good Service

Our company has decided on taking broader strides in conquering the industry. Because of this, we are in need of a company offering equipment or machinery valuation services.

                We are in the textile industry, and so recently, our company has been making different feats. And so, our company has decided on being more aggressive, and may higher leaps. They decided that they wanted to expand, and replace the materials with more advanced machinery so the production would become faster, and better.

               

                But what would we do with the old equipment? Of course, these should not go to waste, and at the same time, they should not only be stored in the storage room, and collect dust. The company, in a heartbeat, decided to just sell it, but first, they have to get it appraised.

                This is why we are now looking for a machinery valuation specialist. We have to know the real value of our equipment based on the market’s current pulse, and the current condition of the materials.

                Having your equipment or machinery valuated by a specialist is important. It is because this allows you to know the real value of what you are selling. There will be lesser risks in you selling it at a low price, and being at the shorter end of the stick, or selling it at a higher price that will be unfair for your buyer.

                After asking my colleagues around, they have recommended this machinery valuation specialist called Twin Pillars. Apparently, they have satisfactory experience because they conduct valuations to a wide range of equipment. They can truly valuate well because of their experience to even heavy-duty industries.

               

                Their valuation services are used for the following:

ÿ        Mergers & Acquisitions / Joint Venture

ÿ        Purchase Price Allocation (IFRS3)

ÿ        Reverse Takeover

ÿ        Fund Raising and Financing

ÿ        Financial Reporting (IFRS)

ÿ        Initial Public Offering (IPO)

ÿ        Sales/Transfer of Assets between Corporate

ÿ        Liquidation

ÿ        Restructuring and Reorganization

ÿ        Insurance

ÿ        Internal Assessment

ÿ        Corporate Planning

ÿ        Second Opinions

With machinery valuation, they have four phases. The first phase is where we provide necessary introductions on what has to be done, and why. They also assess the asset of the company, and tell us what we have to do.

                It is during the second phase where they now inspect the equipment, and assess necessary data. They then discuss these proceedings to relevant parties.

               

                On the third phase, the valuation of the machinery now becomes analyzed, and researched. They would conduct valuation, and do more research, and analysis to be sure.

                The final phase consists of finalizing the report, reviewing it, and finally issuing its final valuation.

               

                With Twin Pillars, we were able to become secure. They provided all the conditions for us to trust them because of their expertise, and their being professionals. We were glad to be able to work with them, and to put the fate of the company in their hands.