Duncan Ainscough joins Gordon Brothers as managing director
Gordon Brothers announced today that Duncan Ainscough has joined the team in Europe to head up the valuation and industrial division. Duncan has deep knowledge and understanding of used equipment markets having held senior management roles with leading global surplus asset management and valuation firms.
Duncan will be based in the London office, but will serve the market across Europe, building on the existing valuation platform and expanding the industrial practice. Across all industrial sectors he will look to acquire obsolete or surplus assets, providing risk-free, guaranteed and immediate capital for companies during restructuring or M&A processes.
Heinz Weber, president of Gordon Brothers in Europe said:
“We are very excited to welcome Duncan to the team. He brings over 25 years’ experience in commercial and industrial assets and we are keen to see how our capital can be put to work in acquiring and selling machinery and equipment across Europe.”
Gordon Brothers offers robust liquidity solutions against the full spectrum of industrial assets. Duncan will focus on expanding the firm’s European commercial and industrial activity, complementing the firm’s industrial operations across Brazil, Australia, Japan, the U.S. and Canada.