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Home >> Media Centre >> PACK & SEND chosen as specialist shippers and packers for Caterham F1 asset sale

PACK & SEND chosen as specialist shippers and packers for Caterham F1 asset sale

Monday, 09 March 2015

PACK & SEND chosen as specialist shippers and packers for Caterham F1 asset sale

- Extensive expertise in transporting specialist goods helps win contract –

PACK & SEND, the UK’s largest specialist packer and international shipper, is pleased to announce that it has been chosen to undertake the secure distribution of the assets of Caterham F1 Racing. Following the Formula One team entering administration in October 2014, the administrators appointed Wyles Hardy & Co to handle the sale who, in turn, selected PACK & SEND as their preferred packing and shipping partner.

The equipment for sale includes everything from the cars themselves to wheels, tyres and other car parts, simulators, office equipment, IT kit, engineering equipment, memorabilia and specialist pit lane equipment.

The assets will be sold in a number of auctions which will run through March, April and May. The first sale, which is taking place on 11th and 12th March 2015 will contain the race and pit lane equipment. PACK & SEND will manage the packing and shipping of all the lots to the required destinations across the world after each of the auctions have taken place. 

The huge scale of the project is a great demonstration of the size of jobs that PACK & SEND can handle and they will be coordinating the activity centrally at their Reading headquarters with the work being carried out across a number of their sites.

Commenting on the successful contract win, Mike Ryan, Chief Executive of PACK & SEND, said: “We are delighted to have been selected to pack and ship the assets of Caterham F1. It is not only a great example of how our exemplary levels of service win us new business through customer referral but also the breadth and flexibility of solutions that we can provide as we could end up packing and shipping anything from an F1 car to a steering wheel to a hospitality trailer.”

Matt Hardy, Director at Wyles Hardy & Co, added: “When deciding on who to appoint to pack and ship the items, PACK & SEND was recommended to us because of its specialist experience in transporting fragile, large and valuable items – especially internationally. This experience together with its highly flexible and personal service means that we believe the items will be in good hands.” 

For further information, please go to www.packsend.co.uk

Enquiries:

Screaming Frog

 

Clare Thomas

01491 415 070

 

Note to Editors

About PACK & SEND

PACK & SEND offers a complete range of postal, freight, courier, packing and removal services operating through a growing retail network. Founded in 1993, the first PACK & SEND Store was founded in Parramatta, NSW, Australia.

The business has expanded over the past 21 years from the one store and is rapidly becoming a global brand. It continues to grow its retail network in the UK and globally and now has stores across the UK having opened the first UK store at the height of the recession in 2009.

The business can send any item anywhere in the world but specialises in the packing and international shipment of items that are fragile, large, awkward or valuable.

About Wyles Hardy & Co.

Wyles Hardy & Co. is one of the UK’s foremost consultant machinery and business asset valuers and auctioneers, established in 1991.

Acknowledged as a leading provider of services to business recovery and turnaround professionals, with over 20 years of experience operating in the distressed and insolvent business arena. Wyles Hardy & Co have a known specialism in providing advice in the motor sport and motor industry sector having previously been engaged on cases including Simtek Grand Prix, TWR Group and the race car collection of Silk Cut Jaguars etc, MG Sport and Racing, Bristol Cars Ltd and significant individual race cars including Bentley Old Number 1, Aston Martin AMR 1 Group C etc.

Wyles Hardy & Co is regulated by the RICS

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