MVP RV Equipment on Auction Block Thursday
Los Angeles investment firm Hackman Capital, which purchased the assets of Riverside, Calif.-based MVP RV Inc. April 19, is holding an auction Thursday to divest equipment acquired in the transaction.
The auction, administered by CMA Management Association, will begin at 9:30 (Pacific) and offer online bidding. CMA is allowing interested bidders to preview items today.
According to the CMA site, items will cover a cross section of items including woodworking and manufacturing equipment, tools, parts and several vehicles such as pick-up trucks and electric cars.
As reported by the Press Enterprise, Riverside, Hackman Capital, which buys land and buildings and then sells or leases them, was among a handful of bidders vying for the assets of MVP in last week’s auction – none with RV manufacturing intentions. The amount paid was undisclosed.
For more information visit www.cmaauctions.com.