A merger of GoIndustry and US company DoveBid Inc, which will
create the world’s largest industrial machinery and equipment
auctioneer, is due to take place on February 28.

The combined entity will have total annual revenues of some £5m,
according to a statement issued today by GoIndustry CEO, John
Allbrook.

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GoIndustry, a leading player in the UK market which until
recently was known as GoIndustry Henry Butcher, said the deal will
give “our company [a] market leading position in the United States,
Europe and Asia-Pacific regions”.

The enlarged group will specialise in corporate disposition,
disposals and valuations services.   

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