Liquidity Services Auction Watch

August 1, 2016

Company Hosting Four Global Private Treaty Sales with High Value Assets in the Fast-Moving Consumer Goods Sector on GoIndustry DoveBid Marketplace

WASHINGTON--(BUSINESS WIRE)--Aug. 1, 2016-- Liquidity Services (NASDAQ: LQDT), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, is pleased to highlight four upcoming private treaty sales of assets in the fast-moving consumer goods (FMCG) category located in Asia and Europe. Information about the sales can be found on GoIndustry DoveBid, (www.go-dove.com), a Liquidity Services marketplace where more than $100 million in FMCG assets from small, medium-size and Fortune 1,000 companies have been sold to a global audience of registered industry buyers.

Featured sales include:

FMCG #551117 is a private treaty sale for a complete airpop production line located in Broek op Langedijk, The Netherlands. The sale, which is for equipment used by a Fortune 100 multinational food, snack and beverage corporation, closes at 9 a.m. EDT on August 4, 2016. Specific items offered include a TORBED 1000 food processor, extraction module and KMG EMC2 vibratory conveyor.

FMCG #611028 is a private treaty sale for assets from the Baddi, India production facility of a Fortune 100 snack producer. Specific items offered include 12 FIMA Sweet Magic flow wrapping machines, an unused Hildebrand Combiflex mold wash machine and an Axtel SS vibrating sieve. The sale closes at 6:30 a.m. EDT on September 2, 2016.

FMCG #571055 is a private treaty sale for more than 60 assets from the Warsaw, Poland production facility of a major global food company. Specific assets for sale include a Clevro 1500 tunnel washing machine, an Armstrong diesel-powered fire sprinkler and a variety of office furniture including metal locker cabinets, desks and chairs. The sale closes at 9 a.m. EDT on September 30, 2016.

FMCG #641056 is a private treaty sale for assets from the Scoresby, Australia production facility of a Fortune 100 snack producer. Specific items offered include a NID M301-S Mogul starch molding line, NID starch conditioning system and an invert sugar production plant. The sale closes on November 30, 2016 at 2 a.m. EST.

“In order to capitalize on the increasing demand for fast-moving consumer goods in Asia, Eastern Europe and South America, manufacturers are relocating facilities in order to move product more quickly into these end markets,” said Gardner Dudley, President of Liquidity Services’ Capital Assets Group. “Liquidity Services supports our clients by helping them value and sell their surplus assets, no matter how specialized, via private treaty sale or online auction. This allows our clients to remain focused on their core business and ensures maximum recovery value.”

Source: Liquidity Services

Liquidity Services
Jeanette Hanfling, Director of Public Relations
202-467-5723
jeanette.hanfling@liquidityservices.com

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