The client is a leading pharmaceutical company that develops vaccines and medicines to treat an array of illnesses and medical conditions.

The client needed assistance with a multi-phase facility closure consisting of two buildings at the same site. With over 800 assets to manage and sell and a one-year timeframe that ended up being cut short, EquipNet needed
to act efficiently in order to gain maximum return for the client.

Equipment to be sold included a variety of sterile and solid dose assets, such as Tanks, Balances, Pumps, Laminar Flow Units, V Blenders, Spectrophotometers, Dry Baths, and much more.

In order to receive optimum results, EquipNet implemented the Value Based Sales Model, consisting of Proactive Asset Sales on the online MarketPlace™ along with an Online Auction event.

We were able to successfully sell the majority of the client’s equipment, resulting in a significant return on investment which far surpassed the original sales expectations. The company was very satisfied with the project results and continues to use EquipNet for a number of asset management needs today.