SPECIFIC TERMS AND CONDITIONS

By submitting a bid, the bidder declares that they have fully read and accept these conditions of sale and all the documentation provided. If there is a notice of sale attached to the auction form/announcement, by submitting a bid, the bidder declares that they have read and accept the conditions contained therein, of which these conditions of sale are to be considered an extract. The bidder also declares that they have examined and accepted all the documentation provided for the purposes of participation.

Auction timing: 

Starts: mar 15/09/2026 horas 15:30
Ends: lun 19/10/2026 horas 15:30

Viewing conditions:

Viewing time:

by appointment

All lots viewings must be booked. Please contact: [email protected] – tel +39.02.86882269

Payment condition: 

Deposit 

The present auction is subject to a deposit of EUR 5.000,00

In order to enable the user's participation, deposit has to be paid Via bank transfer to the following account:

MONTE PASCHI DI SIENA SPA
Agenzia di Fabriano
 
IBAN : IT 43 K 01030 21100 000000414486
Swift/BIC: PASCITM1K07

assigned to GOBID INTERNATIONAL AUCTION GROUP S.R.L.

Deposit has to be necessarily credited before the auction deadline.
As soon as the deposit will be received, the user will be immediately allowed to bid.
In case of deposit payment via bank tranfers, in order to accelerate the participation, the user is advised to send an official proof of the deposit payment to the following address: [email protected]

In case participants will not award any lot, deposit will be refunded within 20 working days from auction deadline, with no interests applied.

If, in case of awarding, after deposit payment, the bidder will not comply with the payment terms, the deposit will not be refunded.
 

All payments have to be made exclusively by bank transfer. Account details will be indicated whether at the time of registration or  in conjunction with the awarding statement (in a private message to the user mailbox). (see General Terms and Conditions)

Payment deadline

The lots awarded to the user must be paid within 30 days from  the confirmation of awarding.
The Buyer's Premium and any additional management fees, if applicable, must be paid within 10 days from  the confirmation of awarding.
(see General Terms and Conditions).

Property transfer

The transfer of ownership will be executed via a deed drawn up by a notary appointed by the proceedings, only following full payment of the winning bid price, associated costs, and the Buyer’s Premium (plus VAT) pursuant to Art. 214 of the CCII (Crisis and Insolvency Code); the Judge will order the cancellation of any encumbrances on the asset.

The assets are sold free of encumbrances, and the cancellation of any relevant entries shall be carried out at the buyer’s expense.
Should the transfer of ownership fail to be completed, the sale shall be deemed automatically terminated, and the amounts paid by the winning bidder—covering the winning bid price and the Buyer’s Premium—shall be retained as a penalty for damages.

Notary fees, statutory taxes, and all costs related to the sale—whether fiscal or otherwise—shall be borne by the buyer.
If the sale is subject to VAT, the buyer is required to pay it within the same timeframe established for the payment of the winning bid price.

For any matters not expressly provided for herein, applicable laws shall apply.

Additional specific terms

The successful bidder for the business complex shall, by operation of law and without interruption, step into all employment relationships active as of the date of the final transfer.

Consequently, the purchase offer entails the full assumption—with a definitive release of liability for the proceedings—of the debt relating to the Employee Severance Indemnity (TFR) accrued by the staff, quantified at €477,483.89 as of January 31, 2026, which amount shall be recalculated and updated in detail as of the date of the actual final transfer.

Buyer's Premium: A Buyer’s Premium of 12% (plus VAT) shall be charged to the buyer, calculated on the final hammer price; it is specified that the minimum Buyer’s Premium payable shall in no event be less than 12% of the value of the machinery and equipment, amounting to €47,675.00.

Additional management fees: These are the ancillary costs entirely borne by the successful bidder, intended to cover the services and activities, performed and to be performed, necessary for the preparation, organization, and management of the sale of the goods at auction and subsequent adjudication phase. These expenses must be paid together with the payment of the buyer's premium due as per the award confirmation that will be issued after the end of the auction. Where due, these charges will be indicated in the sheet of each lot.

VAT: Value Added Tax at a rate of 22,00% will be calculated on the awarding price and added to it. (where applicable)
The procedure is not registered with VIES. VAT will therefore be due even for intra-community buyers.

Extra-Time
In case a winning offer will be submitted within 5 minutes before the auction deadline, the  time  to place another bid will  be extended for 5 more minutes from the last bid received. Every other winning bid submitted within 5 extra-time minutes, will extend the time for placing another bid for  5 more minutes from the last bid received and so forth.Automatic overbids in case of maximum bid (proxy bid) are condisdered winnig bids as well.