Corbyn Plant Hire Ltd to Sell Entire Asset Portfolio Including Full Range of Formwork Systems
Corbyn Plant Hire Ltd, a well-established name in the capital’s groundworks and reinforced concrete (RC) frame sector, has appointed Euro Auctions to manage the sale of its complete portfolio of assets.
London, UK – 25 June 2025 – Corbyn Plant Hire Ltd, a well-established name in the capital’s groundworks and reinforced concrete (RC) frame sector, has appointed Euro Auctions to manage the sale of its complete portfolio of assets. This follows the recent entry into administration of its sister company, Corbyn Construction Ltd, on 22 May 2025.
While Corbyn Plant Hire Ltd itself remains solvent and is not in administration, the decision has been taken to sell all its assets.
Operating from its base at Gallions Reach, East London, Corbyn took pride in owned its entire fleet of equipment, which included excavators, dumpers, tower cranes, concrete lorries, tippers, low-loaders, and specialist delivery vehicles. Of particular note is the company’s comprehensive stock of formwork systems from leading manufacturers including PERI, SGB, and K-GUARD, along with a full suite of concrete placing equipment.
David Betts of Euro Auctions commented:
“Construction remains the sector with the highest rate of insolvency in the UK, and unfortunately Corbyn Construction has now joined the growing list of casualties. While Corbyn Plant Hire is not in administration, the company is taking proactive steps to realise the value of its assets.
Euro Auctions are proud to be entrusted with this disposal and bring to market a wide range of equipment. Alongside a substantial fleet of excavators, telehandlers, tractor units, flatbed and tipper trucks, what truly sets this sale apart is the sheer volume and variety of formwork systems available – possibly the most extensive we've ever offered in a single sale.”
The online timed auction will take place on 9 July 2025, with viewing of assets available on 8th July 2025 at: Mohawk Wharf, 12 Bradfield Road, Silvertown, London Docklands, E16 2AU.
For further information and auction catalogues, visit: www.euroauctions.com or David Betts 0044 7834 600 040.
