The Online Auction for the insolvency of Rechapal SA (560/24.0T8LRA) is receiving bids until September 6th, 2024, at this link.

Rechapal's liabilities consist of a complete and operational Industrial Unit for the Retreading and Recapping Sector. The assets are valued, in total, at €1,148,643.53 (Estimate Value), with a Minimum Value of €997,920.00.

The 120 lots include an industrial property, movable assets, light passenger vehicles and light and heavy goods vehicles.

There are more than 100 Rechapal machines and equipment for the retreading and retreading industry for sale
There are more than 100 Rechapal machines and equipment for the retreading and retreading industry for sale

The industrial warehouse (office and production areas) with a patio is located in Alvaiázere, Leiria. According to the documentation, the property has a total area of ​​9,577.00 sqm. and a covered area of ​​4,619.00 sqm.. Its Estimate Value is €1,004,823.53 and its Minimum Value is €854,100.00. Bids start at €700,000.00.

Moreover, the properties benefit from exemption from Municipal Tax on Onerous Property Transfers (IMT) and Stamp Duty. This tax benefit is granted under Article 270, paragraphs 1 and 2, of the Insolvency and Corporate Recovery Code (CIRE).

There are more than 100 lots of machines and equipment for retreading and recapping. Namely:

  • Tire stripping and pressing booths and tire vulcanization booths;

  • Tire inspection, inner tube fitting, repair and gluing equipment;

  • Extruders, trimmers, autoclaves, scraping lines and cyclones;

  • Stocks of raw materials, finished and unfinished products.

Rechapal raw material stocks
Rechapal raw material stocks

These movable assets are valued, overall, at €132,820.00 (Estimate Value). Therefore, they can be bid on individually (lot by lot) or as a whole.

Light passenger vehicles and light and heavy goods vehicles are available to receive offers on a lot-by-lot basis. The brands on sale are, for example, IVECO, Mitsubishi, Volvo, DAF and Toyota.

About Rechapal

Founded in 1970, Rechapal is one of the oldest retreading units in Portugal. Its retreading and recapping activities were based on rigorous quality control. In 1995, Rechapal launched its own brand “Recip” for the sale of remanufactured tires.

For that reason, the sale of the complete Industrial Unit constitutes an investment advantage. Undoubtedly, acquiring all assets allows the investor to continue the activity of the company.

You can check the catalog with all assets here.

Visits

Visits to the Industrial Unit take place on the following days:

  • September 2nd (Monday), from 2:00 pm to 5:30 pm;

  • September 5th (Thursday), from 10:30 am to 12:30 pm and from 2:00 pm to 5:00 pm.

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Article by Cloe Mattos by LEILOSOC® dated August 29th, 2024