The client is a global healthcare company that specializes in a wide range of medical services including medical imaging and information technologies, drug discovery, and biopharmaceutical manufacturing.
The client reached out to EquipNet to request asset management services for a full site closure in Belo Horizonte, Brazil. The company wished to maximize the value recovered from its equipment within a timeframe of only seven months.
This facility was primarily manufacturing medical devices. Equipment at the site included Horizontal and Vertical CNC Machining Centers, Milling Machines, Turning Centers, and Pneumatic Vertical Tapping Arms.
EquipNet was able to find two buyers to purchase all of the equipment at a fair price resulting in over $200,000 in proceeds for the client; 65% higher than the minimum expectation.
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