THE founder of Dromore-based Euro Auctions said the acquisition of its fourth Canadian business, which was completed recently, will help them with their “access to global buyers”. Euro Auctions, based on the Omagh Road, confirmed the acquisition of auction company Associated Auto Auction and its specialist Coast2Coast collector car brand in a major move. The […]
Dromore man worth £400m makes it on to latest Rich List
By Ciaran O’Neill A BUSINESSMAN from Dromore is a new entry on the Sunday Times Rich List. Derek Keys, the owner of Dromore-based Euro Auctions, is worth an estimated £400m, according to the paper’s prestigious list. This puts him at 312 of the 350 richest people in the UK. Euro Auctions is primarily involved in […]
Massive pre-tax profits for Dromore company
THE parent company of Dromore firm Euro Auctions recorded a pre-tax profit of £45 million. Gardrum Holdings, the parent company for Euro Auctions and property and machinery owned by director Derek Keys, has saw a sharp rise in its revenue, in a major boost for the local economy. Companies House recently revealed that the revenue […]
Sensational deal will ‘ramp up’ business
“The Euro Auctions brand will continue and the staff will be the same.”
Euro Auctions bought by Canadian company who inspired brothers
EURO AUCTIONS of Dromore has just sold for $1.1 billion (£790 m sterling). Founded by Derek Keys and his brothers in the County Tyrone village in 1998, Euro Auctions conducts unreserved auctions of industrial plant, construction equipment and agricultural machinery across the globe. The transaction has been approved by the Board of Directors of […]