EquipNet to Conduct Webcast Auction of a Global Pharmaceutical Company Facility Closure.

MEXICO CITY--(BUSINESS WIRE)--EquipNet Auctions has been selected by a global pharmaceutical company to conduct a worldwide webcast auction as a result of the company’s complete facility closure. All bidding will be conducted online and in person beginning on March 13 at 10 AM local time. Bidders can pre-register for the auction and view the entire auction details including inspection times, terms, and a complete catalog of available equipment at EquipNet.com/MexicoBW.

This auction contains over 500 lots of processing, packaging, laboratory and general facility support equipment for tablet, suppository, cream, and liquid production. The project includes the entire contents of the closed facility, including: Stainless Steel Tanks, Stainless Steel 100 Gallon Kettle with Homogenizer, Campbell Hausfeld 60 Gallon Air Compressor Model V, New Age Power Stamford 800 KW Standby Generator, AB Arboga Maskiner Drill Press Model ER125S, Miller Arc Welding Machine Model MI-250-CA CD-AF, and much more!

Vice President, General Manager of EquipNet Latin America, Matthew Smith, is excited by the opportunity this auctions provides. “This facility closure is an incredible opportunity that offers national manufacturers to buy the exact same equipment used by a world class multinational – for just a small fraction of what it would cost them to buy it new. It is hard to find high-quality pre-owned items, such as the tablet presses, fluid bed dryers, coating pans, stainless steel tanks that can be found in this auction,” says Smith.

About EquipNet

EquipNet is a leading provider of proactive asset management solutions and services to leading corporations in the biotech, pharmaceutical, chemical, food, beverage, and personal care industries, such as Novartis, Johnson and Johnson, Sanofi, Merck and many others. EquipNet’s vision is to revolutionize the way companies manage their surplus assets by maximizing financial returns and minimizing the risks associated with idle capital assets. For more information, please visit: http://www.EquipNet.com.