The Bindery kit up for auction
Finishing and other equipment from collapsed trade finisher The Bindery is up for auction, with online viewing and bidding now open, on site viewing next Tuesday, and the auction closing next Thursday.
Liquid Asset Management is hosting the auction – click here to go to the website.
The major pieces of equipment have already been sold off, with UK used finishing equipment dealer BMS going into the Mount Waverley site the day after owner Naresh Gulati told staff the plant would be closing.
The remaining 67 lots have some high quality equipment, including Polar guillotines, Uchida and Brehmer wire stitchers, Martini section sewers, Heidelberg folders and compression stackers, Stahl folders, and a Heidelberg ST 400 saddle stitcher.
On the non-finishing equipment, there are two EFI Vutek wide format printers up for bids – a Vutek GS 3250LX and a Vutek GC 3200 – with the former attracting an early bid of $1000, and the latter $100. The auction also has a Roland Soljet Pro4 wide format printer.
Various other finishing and non finishing equipment is also up for grabs.
The Bindery was one of only two Melbourne trade finishing houses to run a perfect binder when it went down. Gulati bought it in 2013 with the intention of creating a super group with his Rooster IMC print business, which was stitched together from various print businesses he bought. However, last month both The Bindery and Rooster IMC reached the end of the road.