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Heritage Global Partners, Maynards Selected to Jointly Manage Disposition of Nanosolar Capital Assets

Includes multi-purpose manufacturing and lab equipment, thin film solar production machinery

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Heritage Global Partners and its parent company, Counsel RB Capital, in partnership with Maynards Industries Ltd., announced that they have been retained by Nanosolar Corporation, a global manufacturer of cost-efficient thin film solar cells and panels, to jointly manage a bulk and piecemeal sale for its state-of-the-art solar production and manufacturing equipment and related capital assets of its California-based factory.

The global online auction begins Aug. 13, 2013 at 10 a.m. PT and ends Aug. 14 at 10 a.m. PT.

“We look forward to partnering with Maynards to conduct the global online sale of Nanosolar’s world-class assets. We anticipate very strong demand from worldwide buyers as the upcoming sale represents a unique opportunity to purchase high-quality assets that can be used in a variety of industries, in addition to the solar sector,” stated David Barkoff, director of sales at Heritage Global Partners.

“We are extremely pleased to be represented by Heritage and Maynards, who we’ve selected for their extensive market knowledge and collective expertise across a wide variety of industries,” stated David Wilson, chief financial officer of Nanosolar.

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