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
11
Closure of a Workshop

First item closes on

Tuesday, 11/05/2021, 14:00

11/05/2021,
14:00 O'clock

Last chance! Bid now!

40 items
May
12
Bankruptcy of a Mould Manufacturer for Metal Sheets and Profiles

First item closes on

Wednesday, 12/05/2021, 10:00

12/05/2021,
10:00 O'clock

Ends tomorrow!

151 items
May
14
Liquidation of a Tools Warehouse - Free Shipping to most European Countries!

First item closes on

Friday, 14/05/2021, 10:00

14/05/2021,
10:00 O'clock

115 items
May
17
Factory Closure of an Automotive Supplier: Machinery for Processing of Aluminum Alloys

First item closes on

Monday, 17/05/2021, 11:00

17/05/2021,
11:00 O'clock

130 items
Bankruptcy Color 4 Cotton: Selection of Valuable Textile Printing Machinery - BABCOCK - SCHMALEDURATE - ZIMMER & more

First item closes on

Monday, 17/05/2021, 14:00

17/05/2021,
14:00 O'clock

52 items
May
18
Closure of a Solid Wood Luxury Furniture Manufacturer

First item closes on

Tuesday, 18/05/2021, 09:00

18/05/2021,
09:00 O'clock

366 items
May
19
Bankruptcy No. 79/2020 - Court of Turin: Closure of an Exhibition Stands and Booths Manufacturer

First item closes on

Wednesday, 19/05/2021, 09:00

19/05/2021,
09:00 O'clock

101 items
May
25
Closure of a Joinery
Germany, Neunkirchen

First item closes on

Tuesday, 25/05/2021, 10:00

25/05/2021,
10:00 O'clock

52 items
Closure of a Tool Manufacturer

First item closes on

Tuesday, 25/05/2021, 10:00

25/05/2021,
10:00 O'clock

74 items
Closure of a Workshop
Germany, Flensburg

First item closes on

Tuesday, 25/05/2021, 14:00

25/05/2021,
14:00 O'clock

66 items
May
27
Closure of an Advertising Technician and Display Manufacturer

First item closes on

Thursday, 27/05/2021, 10:00

27/05/2021,
10:00 O'clock

59 items
Plant Closure of a Renowned Construction Machines Manufacturer
New!

First item closes on

Thursday, 27/05/2021, 10:00

27/05/2021,
10:00 O'clock

53 items
May
28
Machinery from Closure of Several Joineries
Spain, various locations, permanently updated

First item closes on

Friday, 28/05/2021, 11:00

28/05/2021,
11:00 O'clock

30 items
June
02
Closure of a Grinding Company
Germany, Schwenningen

First item closes on

Wednesday, 02/06/2021, 10:00

02/06/2021,
10:00 O'clock

45 items
Closure of an Aluminum Die-Casting Foundry with In-House Mould Production

First item closes on

Wednesday, 02/06/2021, 10:00

02/06/2021,
10:00 O'clock

165 items
Closure of a Tool Manufacturer

First item closes on

Wednesday, 02/06/2021, 14:00

02/06/2021,
14:00 O'clock

77 items
June
08
Closure of a Hungarian Metalworking Factory - auction without reserve prices!

First item closes on

Tuesday, 08/06/2021, 09:00

08/06/2021,
09:00 O'clock

375 items
Bankruptcy Auction of a Grinding Technician
New!

First item closes on

Tuesday, 08/06/2021, 14:00

08/06/2021,
14:00 O'clock

44 items
June
09
Bankruptcy Auction of a Steel and Container Manufacturer

First item closes on

Wednesday, 09/06/2021, 14:00

09/06/2021,
14:00 O'clock

92 items
June
10
Closure of an Automotive Supplier

First item closes on

Thursday, 10/06/2021, 11:00

10/06/2021,
11:00 O'clock

16 items
June
11
Bankruptcy No. 15/2020 - Court of Ivrea: Manufacturer of Tanning Drums for Tanneries
New!

First item closes on

Friday, 11/06/2021, 10:00

11/06/2021,
10:00 O'clock

148 items
June
15
Partial Dissolution of a Mechanical Engineer

First item closes on

Tuesday, 15/06/2021, 14:00

15/06/2021,
14:00 O'clock

49 items
June
23
Closure of a Joinery
Germany, Greifenstein

First item closes on

Wednesday, 23/06/2021, 14:00

23/06/2021,
14:00 O'clock

69 items
June
24
Closure of a Locksmith's Shop
Germany, Königsbronn

First item closes on

Thursday, 24/06/2021, 10:00

24/06/2021,
10:00 O'clock

39 items
June
28
Closure of a Mechanical Engineer

First item closes on

Monday, 28/06/2021, 14:00

28/06/2021,
14:00 O'clock

54 items
June
30
Closure of a Joinery
New!
Germany, Immenstadt (Bavaria)

First item closes on

Wednesday, 30/06/2021, 14:00

30/06/2021,
14:00 O'clock

62 items
July
01
Closure of a Metal Processing Company

First item closes on

Thursday, 01/07/2021, 10:00

01/07/2021,
10:00 O'clock

90 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.

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