[Frankfurt, Germany] – Leading surplus asset management company, EquipNet, is pleased to announce a new project working with a leading global pharmaceutical company to sell its surplus to ongoing operations in Frankfurt, Germany.
Boston / London May 2, 2022 – Leading surplus asset management company, EquipNet, announced enhancements to its Equipment Sustainability Programs. Since 1999, EquipNet has been helping global manufacturers to track, redeploy, buy, and sell surplus manufacturing assets.
A long-term client of EquipNet’s reached out seeking assistance with selling surplus medical device assets at the company’s facility in Mexico. The client requested clearance within three months; with such a short window to sell the assets, EquipNet’s Specialists recommended a Dedicated Sealed Bid auction event.
The client, is a global leader in the toy production industry, best known for plastic building bricks, had over 70 pieces of plastic manufacturing and facility support equipment that it was trying to sell. The inventory included a Water Purification System, Injection Molders, Ultrasonic Welders, and more.
Telsa had a large amount of manufacturing space occupied by seven highly-specialized idle furnaces, so finding a buyer proved difficult. An added obstacle was trying to find one buyer for all seven assets to eliminate multiple dismantling fees and pick-ups. Due to these obstacles, Tesla came to EquipNet for help.
Andres Foubert
SAW Inc
Doohan Kwak
Welltech Scientific Inc.
Richard Bauer
Pocono Sterilizer
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