Plant and machinery valuation is the estimation of the monetary worth of a class of tangible assets that are held by an entity for use in the production or supply of goods and services, for rental by others or for administrative purposes and expected to be used over a long period of time. They have characteristics that distinguish them from the land and building in or on which they are located and it influences both the approach to and the reporting of their value. These valuations are carried out for a number of reasons viz merger and acquisition, insurance, book keeping/ accounting purposes etc
Our Valuation approaches and principles are fully in line with the Standard and display transparency and best practice to enable the client take informed decisions. As provided in International Standard and where required, we engage the services of other consultants to give specialist information on industry specialized items.
Recent valuations include the valuation of a Steel company in Warri, a power plant in Portharcourt, dredging company amongst others