The client is a leading pharmaceutical company that develops vaccines and medicines treating skin conditions, asthma, viruses, infections, mental health, diabetes, digestive conditions, and cancer.

EquipNet’s client in the Pharmaceutical Industry was in need of a comprehensive asset management solution for a personal care site closure in Guarulhos, Brazil. This facility was manufacturing OTC and pharmaceutical-grade creams, liquids, and bar soaps for skincare needs. Over 150 assets needed to be managed and sold, including Complete Production Lines for Bar Soap, Creams, and Liquids, as well as Reactors, Tanks, Stability Chambers, Laboratory Equipment, Plant Utility Equipment, and more.

All assets needed to be inventoried, tagged, listed onto EquipNet’s online MarketPlace, and solid within the client’s requested deadline.

EquipNet’s specialists handled the inventory of the assets on-site. From there, a plan was made to optimize sell-through and financial return for the client. The equipment was listed onto EquipNet’s Online MarketPlace – the largest online marketplace for pre-owned equipment – for negotiated sale.

EquipNet successfully achieved 100% sell-through for the client before the requested deadline, resulting in over $600,000 USD in sales proceeds. The client was very satisfied with the final result and is looking forward to working with EquipNet in the future.