![](https://staging.thinkonyx.com/wp-content/uploads/2024/03/jrvgroup-1.jpeg)
JRV Group USA
Sale Process
Sale Process
Key Challenge
ONYX was retained as the exclusive sales agent in a Chapter 11 sale of 283 new modified / upfitted Jeep Wranglers, with an MSRP of approximately $16 million. Due to a NHTSA safety recall the vehicles could not be sold individually or to end users, necessitating a bulk sale offering to licensed dealers only.
Key Takeaway
In addition to the bulk sale offering, ONYX conducted separate, global on-line auctions of the fabrication and automotive assembly equipment contained within the JRV facility as well as for their after market and custom parts inventory.
See Sale