Maximising the realisation value of retail assets.
 

News

March 4, 2009 HILCO DEVELOPMENTS JOINT OWNERS OF BARRY ISLAND
  As joint owners of Barry Island Property Company, Hilco Developments has applied for planning consent to turn this former pleasure park into a modern indoor leisure complex.

February 5, 2009 HILCO COMMERCIAL INVESTMENT CLIPPER MARINE
  Clipper Marine finished 2008 on a high being awarded the exclusive rights to distribute Azimut yachts in the UK and Balearics.

February 1, 2009 VALCO CAPITAL PARTNERS PURCHASES THE DENBY GROUP
  Hilco’s private equity arm Valco Capital Partners acquired the debt and equity of the Denby Group.

January 9, 2009 HILCO RECOVERY COMPLETE RECOVERY AUDIT
  Hilco Recovery achieved over £1.0m in recoveries of duplicate/overpayments payments to Suppliers.

December 10, 2008 HILCO UK APPOINTED TO CLOSE 819 WOOLWORTHS STORES
  Hilco was appointed by Deloitte the Administrators of the Woolworths chain, to provide a full range of operational assistance in the trading of the business whilst buyers were sought.

December 1, 2008 HILCO UK ASSISTS IN THE CLOSURE OF THE PIER STORES
  Hilco were instructed to assist with the closing down sale of 34 Pier stores and their 15 concessions within Debenhams stores.

November 15, 2008 HILCO UK CLOSES 111 MFI STORES
  Hilco UK was engaged by the Administrator of MFI Group Limited to manage the closure of the remaining 111 MFI stores.

November 8, 2008 HYPER VALUE RETAIL EXPANDS
  The Hyper Value chain expanded in November with the opening of the first Hyper Value Clearance Centre.

October 5, 2008 HILCO UK PURCHASES AND RESTRUCTURES MK ONE
  Hilco UK purchased the debt and equity of Mk One from Baugur, Barclays Bank and Landsbanki.

September 20, 2008 HILCO UK CLOSES 4 MFI HIGH STREET STORES
  Hilco UK supervised the closure of 4 MFI High Street, kitchen, bath and furniture locations.

September 1, 2008 HILCO UK OPERATES STORE CLOSURES AT ILVA
  Ilva offers fashion-conscious design and high quality furniture and home accessories from its 100,000 sq ft stores at Thurrock, Gateshead and Manchester.

August 31, 2008 HILCO UK COMPLETES THE FABRIC WAREHOUSE PROJECT
  Hilco UK purchased the debt and a proportion of the equity of Fabric Warehouse after some of the company’s original investors decided to exit the business.

August 26, 2008 HILCO RECOVERY OFFERED AUDIT OPPORTUNITY
  Hilco Recovery has been offered the opportunity to carry out a full Recovery Audit at one Edmundson Electrical branch with a view to implementing the process across more than 250 branches.

August 3, 2008 HILCO RECOVERY AWARDED FOCUS DIY PROPERTY RECOVERY AUDIT
  Hilco Recovery has been instructed to carry out a Property Recovery Audit and a programme of works is currently being compiled to review rents, service charges, insurances, business rates, capital contributions and rebates for vacant properties.

July 16, 2008 HILCO UK PURCHASES AND RESTRUCTURES PONDEN MILL
  Hilco UK jointly purchased the debt and equity of Ponden Mill.

July 4, 2008 HILCO UK COMPLETES HERTIE GARBSEN STORE CLOSURE
  Hilco Retail GmbH has completed the 13 week store closure of a 25,000 sq ft Hertie store in Garbsen, Germany. This project was very successful with the venture sales for the store substantially up on plan.

June 25, 2008 HILCO RETAIL GMBH CONDUCTS HERTIE "MEGA SALE"
  Hilco Retail GmbH has a team of four consultants in the Hertie head office in Essen, Germany with a group of 15 consultants in the field operating a “Mega Preis” sale to clear excess stock in the business.

June 21, 2008 HILCO UK OPERATES BASE MENSWEAR
  Hilco UK was appointed by the administrators of Base Menswear to close 4 stores and trade an additional 16 prior to their sale.

June 10, 2008 HILCO UK ASSISTS IN THE RESTRUCTURING OF ELVI
  Hilco UK purchased the equity and certain debt in Elvi after the company’s original investors decided to rapidly exit the business.

May 20, 2008 HILCO UK COMPLETES FOCUS DIY TACTICAL STORE CLOSURES
  After the successful store closure programme, all stores have now been handed over or closed.

May 5, 2008 HILCO UK RESTRUCTURES ETHEL AUSTIN DEBT
  Hilco UK, working with ABN Amro, Credit Suisse and EOS Partnership restructured the debt of Ethel Austin.

April 1, 2008 HILCO UK OPENS HYPER VALUE RETAIL STORES
  Hilco UK acquired 4 ex Focus “No Frills” stores and converted them to the Hyper Value Retail format.

February 11, 2008 HERTIE GMBH
  Hilco Retail GmbH, a subsidiary of Hilco UK Limited, has been appointed to co-ordinate and project manage the implementation of a series of restructuring projects at the 72-location department store group