Duncan Ainscough joined the Gordon Brothers team in Europe to head up the Valuation and Industrial Division.

Ainscough 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.

He has deep knowledge and understanding of used equipment markets having held senior management roles with leading global surplus asset management and valuation firms.

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.”