Liquidation Auctions

Auctions of closures and insolvencies.

Are you looking for surplus used machinery from insolvency or operational resolution? Then take a look at our current auctions or visit our marketplace!

May
24
Closure of a Punching Shop

First item closes on

Tuesday, 24/05/2022, 10:00

24/05/2022,
10:00 O'clock

Ends tomorrow!

30 items
May
25
Closure of a Locksmith Shop

First item closes on

Wednesday, 25/05/2022, 10:00

25/05/2022,
10:00 O'clock

95 items
Bankruptcy No. RG407/2020 - Court of Milan: Combined Lot - Elements for Professional Kitchens

First item closes on

Wednesday, 25/05/2022, 14:00

25/05/2022,
14:00 O'clock

1 item
May
30
Warehouse Liquidation of Workshop Equipment Dealer FREUTEK - Free Shipping to most European Countries!
New!

First item closes on

Monday, 30/05/2022, 10:00

30/05/2022,
10:00 O'clock

77 items
Bankruptcy No. 44/2021 - Court of Busto Arsizio: PROCAST TVA 60 Double-Head Vertical Lathe

First item closes on

Monday, 30/05/2022, 11:00

30/05/2022,
11:00 O'clock

1 item
Dissolution of a Joinery
Germany, Falkenberg

First item closes on

Monday, 30/05/2022, 14:00

30/05/2022,
14:00 O'clock

48 items
May
31
SINGLE LOT Bankruptcy No. 55/2021 - Court of Bergamo: EUROCARGO 120EL17 Truck

First item closes on

Tuesday, 31/05/2022, 11:00

31/05/2022,
11:00 O'clock

1 item
June
01
Closure of a Toolmaker
Germany, Wuppertal

First item closes on

Wednesday, 01/06/2022, 11:00

01/06/2022,
11:00 O'clock

62 items
June
07
Dissolution of a Window Manufacturer
Germany, Falkenberg (Brandenburg)

First item closes on

Tuesday, 07/06/2022, 14:00

07/06/2022,
14:00 O'clock

38 items
June
09
Closure of a Sheet Metal Processing Company

First item closes on

Thursday, 09/06/2022, 10:00

09/06/2022,
10:00 O'clock

27 items
Bankruptcy of a Joinery
Hungary, Budapest

First item closes on

Thursday, 09/06/2022, 11:00

09/06/2022,
11:00 O'clock

22 items
Closure of a Metal Production in Wannweil, Germany

First item closes on

Thursday, 09/06/2022, 14:00

09/06/2022,
14:00 O'clock

54 items
June
10
Bankruptcy Auction of a Contract Manufacturer

First item closes on

Friday, 10/06/2022, 10:00

10/06/2022,
10:00 O'clock

32 items
June
13
Bankruptcy No. 30/2021 - Court of Ivrea: Closure of an Aluminum Windows Manufacturer

First item closes on

Monday, 13/06/2022, 10:00

13/06/2022,
10:00 O'clock

10 items
June
14
Closure of a Granite Plant
Germany, Fürstenstein

First item closes on

Tuesday, 14/06/2022, 10:00

14/06/2022,
10:00 O'clock

208 items
June
20
COMBINED LOT Bankruptcy No. 217/2021 - Court of Turin: Liquidation of office items - Monitors, PCs, Laptops, Smartphones, Chairs & more

First item closes on

Monday, 20/06/2022, 10:00

20/06/2022,
10:00 O'clock

1 item
Closure of a Shoemaker / Locksmith Service
Germany, Weilheim Teck, Machines come from Switzerland

First item closes on

Monday, 20/06/2022, 12:00

20/06/2022,
12:00 O'clock

21 items
Closure of a Metal Workshop in Baisweil, Germany

First item closes on

Monday, 20/06/2022, 13:00

20/06/2022,
13:00 O'clock

56 items
June
21
Dissolution of a Joinery
Germany, Garching (near Munich)

First item closes on

Tuesday, 21/06/2022, 12:00

21/06/2022,
12:00 O'clock

24 items
June
22
Closure of a Metalworking Company

First item closes on

Wednesday, 22/06/2022, 10:00

22/06/2022,
10:00 O'clock

152 items
Liquidation of Spanish Engineering Workshop INDUSTRIAL ENTENZA, SA
Spain, Cornellà de Llobregat, We are in the process of finalising the catalogue. All lots will be available shortly.

First item closes on

Wednesday, 22/06/2022, 11:00

22/06/2022,
11:00 O'clock

43 items
Closure of a Mechanical Workshop

First item closes on

Wednesday, 22/06/2022, 14:00

22/06/2022,
14:00 O'clock

45 items
June
23
Bankruptcy No. 141/2021 - Court of Turin: Closure of a Marble and Granite Processing Company
New!

First item closes on

Thursday, 23/06/2022, 10:00

23/06/2022,
10:00 O'clock

42 items
June
24
COMBINED LOT Bankruptcy No. 7/2021 - Court of Busto Arsizio: SAN MARCO Tower Crane
New!

First item closes on

Friday, 24/06/2022, 11:00

24/06/2022,
11:00 O'clock

1 item
July
06
Closing of a CNC Technician in Teltow, Germany

First item closes on

Wednesday, 06/07/2022, 14:00

06/07/2022,
14:00 O'clock

80 items

Insolvency

This insolvency refers to that of a debtor who is unable to meet his payment obligations to one or more creditors. Inability to meet payment deadlines, lack of liquidity and high levels of debt can all trigger insolvency.

Advantages of a Liquidation Auction?

The affected company's assets include its full item inventory, i.e. furniture, vehicles, machinery etc. It is the duty of the liquidator to arrange the sale of these items accordingly, in order to best service the outstanding creditor claims. A liquidation auction is a very effective method of carrying out this liquidation. High-quality used machines, proven in production, such as borers, saws and routers are of particular interest to the administrator. These machines can produce high revenues, and can aid in the quick recuperation of debt owed.

On the other hand, a liquidation auction can offer a prospective buyer many advantages. As part of such an auction, fully functioning used machinery can be purchased on very favourable terms for the buyer. In most cases, the final price is significantly lower the current market price of comparable machines. This low cost factor is an important consideration, especially for smaller companies; factory modernisation, enlargement or the replacement of defective machines can be organised at short notice, with a relatively low levels of investment. Another advantage of such an auction is the rapid availability of the machines. This can allow a company to quickly and efficiently react to increases in market demand, or expand the current product range. In addition to these benefits, machines in a bankruptcy auction have the added benefit of being straight from the production line, and hence are smooth running and well maintained. As a rule, new machines require a certain break-in period to ensure proper function. This loss of valuable production time is circumvented when purchasing a used machine.

What types of Liquidation Auctions are there?

Liquidation auctions (or insolvency auctions) take the form of online auctions or live auctions. A live auction takes place at the site of a used machine, whereas an online auction can be attended from anywhere, and gives a buyer access to a large and diverse range of available machines, all within a few clicks. This is combined with the speed and simplicity of the bidding process. Unlike live auctions, which require a personal presence, one can participate in an online auction from any location, at any time. This is truer now than ever before with the Surplex Auction App (for Android and iOS). It is even possible for a buyer to bid on multiple auctions simultaneously.

Surplex usually offers hundreds of items from many different locations, and the industrial auction house makes participation in this broad range of auctions logistically possible. In addition to extensive documentation on each machine (pictures, videos, in-depth technical information etc.), Surplex also offers the possibility to visit most machines on-site to inspect them in operation. When you have decided on a machine, you just need to follow the steps described here to register online and participate. On auction day, each bidder is kept informed in real time of the current status of the bid process via email. Once a highest bidder has been determined, this bidder is personally contacted and assisted by qualified personnel throughout the entire processing procedure, right through until the machine is placed into production.

Taking the Right Steps

Our liquidation auction preparations are always very systematic and thorough. Once proper plans for insolvency auctions are laid down, the process will progress smoothly with our team of experts. Most business liquidation auctions follow the outlined comprehensive process below in order to reap the maximum benefits for both the seller and the buyer.

The Asset Liquidation Auction Process:

  1. Determine the liquidated assets with an inventory list
    In your list include thorough information regarding each asset. Valuable information such as warranty certificates, purchase details, state of equipment, repair records etc. Also consider any repairs which may need to be carried out to help maximize potential returns.

  2. Determine the most appropriate value of your asset
    Carefully consider the amount of time you have available, asset quantity, prevailing macro market conditions, asset conditions, and the variety of assets. Due to a number of market conditions directly affecting an asset’s value, often it gets priced below its actual market value. However, services of qualified appraisers may help determine the liquidation value of your assets.

  3. Plan accordingly considering all the necessary resources
    Once an asset’s liquidation value has been established, Surplex will help you with an in-depth strategy that includes working with our team of certified professionals. Critically evaluate costs involved and set a suitable deadline.

  4. Implement your strategy
    Remain focused on the sales price and network with other fellow folks within the industry including competitors and suppliers. Surplex.com liquidity experts will help you find a buyer.

Items on watchlist
Item removed. Undo