Another £million in Arena TV assets emerge from former boss’ office for May 4 auction

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Yeowart desk

DEVON, UK, April 4, 2022 /EINPresswire.com/ — Hickman mower and CA Global Partners announced a follow-on sale of Arena TV assets involving equipment estimated at £1million being held in the locked office of former boss Richard Yeowart.

The companies raised £8million on behalf of creditors in a landmark three-day auction, with private sales, in February.

It involved more than 3,000 lots, from outside broadcast trucks to cameras, lenses and hundreds of miles of cabling, creating an unprecedented opportunity for television production companies to acquire valuable equipment at a time when market prices primary were on the rise.

The new sale, conducted via live webcast on May 4, will conclude the dispersal of Arena’s assets, offering a significant portfolio of additional equipment not previously released. It includes cameras, lenses, grip, OB trailer, tenders and external broadcast production equipment.*

The release follows the Serious Fraud Office’s ongoing investigation into the scandal.

Tim Chapman, Managing Director of Hickman Shearer, said: “Recovering the value of assets in the most efficient and timely manner possible on behalf of creditors is a critical aspect of any administrative process such as this. Our February dispersion results, which significantly exceeded estimates, show that the modern auction process is a great way to do this.

CAGP, which operates a live online auction system with a global reach, registered more than 850 bidders from more than 50 countries for the February auction round.

“We anticipate just as much enthusiasm for the offering this time around,” said Dan Main, EMEA Director.

“The quality of the equipment and the professionalism of the teams that took care of it are unrivalled, and it is extremely rare to see equipment of this standard available at auction.”

Interested parties can receive updates by subscribing to arenatvsale.com.

All images and video footage courtesy of CA Global Partners

For more information, interviews, images and video footage, please contact
[email protected] / +44 (0) 7968 952850

Or

Ivan Macquisten
[email protected] / +44 (0) 7842 201292

Company details :
Hickman Shearer: Tim Chapman MD, [email protected] / +44 (0) 7508 909961 / +44 (0)1844397841

CAGP: Dan Main, EMEA Director, [email protected] / 07422 358348

About CA Global Partners

For 25 years, CA Global Partners has been a leading provider of asset disposal solutions for businesses worldwide, leveraging real-time digital technologies and proven marketing expertise to reach a vast network of qualified buyers worldwide. From Fortune 500 companies to small businesses in a variety of industries ranging from construction manufacturing and wholesale distribution to food and beverage, healthcare and consumer products, CA Global has demonstrated the ability to move assets quickly and efficiently for maximum performance.

Technology, finance and industry leaders choose CA for sound advice and superior management of their capital recovery strategies.

About Hickman Shearer

Hickman Shearer is a leading independent appraiser, management and sale of used equipment. Founded in 1993, we are based in the UK with networked offices across Europe, North America, Africa and Asia.

We provide professional expertise and advice on plant, machinery and equipment, inventory and the built environment.

Our clients include global and mid-market corporations, the public sector, insurers, lenders, investors and their advisors, who leverage our deep knowledge and experience to answer and resolve asset-related issues.

Our extensive skills and expertise support asset-rich organizations throughout the life of the business and the asset.

*The complete list of equipment offered on May 4 is as follows:

Cameras

– Grass Valley LDX 86N 4K cameras (6)
– Sony HDC 3500 cameras (2)
– Sony HDC 2500 cameras (5)
– Plus several additional cameras, viewfinders, adapters and converters

Lenses

– Canon UJ86x9.3B ISD-SB UHD Digisuper 86 lens (2)
– Canon UJ27x6.5B ISD-SB UHD Digisuper 27 lens (2)
– Canon XJ72 x 9.3B DigiSuper 72 XS lens (2)
– Canon XJ86x9.3B IE-II IESD-SB HD Digisuper 86 II XS lens (1)
– Canon HJ11ex4.7B IASE lens (3)
– Canon HJ14x4.3B lens (2)
– Canon CJ12ex4.3B lens (1)
– Canon CJ20ex7.8B IASE S lens (4)
– Canon CJ24ex7.5B IASE S lens (1)

To input

– Vinten Vision 250 tripod
– Vinten Vector 700 head

Audio and chat

– Riedel Artist 128 Frame and talkback panels
– Genelec speakers
– Bel and TSL Rack Mounted Audio Monitoring Units (AMU)
– Lexicon and Dolby audio processing equipment
– Motorola radios and chargers

Signal processing and glue

– ProBel Aurora, Cygnus and Sirius routers
– Additional units from Evertz, Axon, Grass Valley and AJA

Visual and video monitoring

– Sony MVS800 Vision mixer
– Vutrix, Panasonic and JVC video monitors
– Vutrix multiviewers
– Marshall Multiviewers

Outdoor broadcast units and tenders

– Gerling double extension OB articulated trailer (2008) – sold ready to rack
– Annex trailers Donbur 9.8m11 tons (2001) and Crane Fruehauf 13.8m 32 tons (1998)

Julia Macquisten
Lucas Field Media
+44 7968 952850
[email protected]/

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