NEEDHAM, Mass. & CERIZAY, France - Tuesday, February 14th 2012 [ME NewsWire]
(BUSINESS WIRE)-- Heuliez SAS, designer and coach builder for over 100
years, will divest more than 750 patents relating to hard top
convertible design as the company shifts away from the automotive market
in order to focus on other business. Heuliez has selected Hilco
Streambank to conduct the sale process.
Heuliez hard top convertible systems have achieved commercial success
with both the Peugeot 207 ccand Opel Tigra Twin Top. Additionally, the
Heuliez patent portfolio is currently licensed to several other
suppliers and manufacturers, who are currently using these technologies
in their vehicles.
In addition to selling the patents, Heuliez has agreed to provide the
buyer with significant technical support, including a transfer of
knowledge relating to the design process, prototype development and
supplier selection. “Combining the patent portfolio with knowledge
transfer enables any potential buyer to launch new products and gain
market share in the growing hard top convertible marketalmost
immediately,”said Gabe Fried, CEO of Hilco Streambank.
Today, it is estimated that half of all convertibles sold have hard
tops. Currently, these vehicles are available from numerous European,
Japanese and U.S. manufacturers starting at $25,000. Hard top
convertibles appeal to consumers because they offer security, safety and
integrity while allowing the occupants to enjoy the benefits of a
top-down ride. Manufacturers have embraced the hardtop convertible
because it broadens the product mix, provides more price points per
platform and demonstrates technological prowess.
“Any significant automotive brand will want to have at least one hardtop
convertible vehicle in their fleet in the coming years,”comments Mr.
Fried. He added, “The design and engineering developed by Heuliez is
cutting-edge, as demonstrated in the prototype Macarena Peugeot 407,
which shows that even a conservative, full-size sedan can be elegantly
transformed into a fun-loving convertible.”
About Heuliez
Heuliezwas founded by Adolph Heuliez in 1920 as wagon wheel and coach
manufacturing company. Heuliez has evolved into diversified engineering
and manufacturing company serving the defense, aerospace, railroad, and
specialty vehicle markets. Heuliez is a member of the BGIgroup of
companies.
About Hilco Streambank
Hilco Streambankis an advisory firm, specializing in the marketing, sale
and valuation of intangible assets for businesses at all stages.
Contacts
Hilco Streambank
Gabriel Fried, (781) 444-4940
gfried@hilcostreambank.com
No comments:
Post a Comment