HOFFMAN ESTATES,
Ill., May 15, 2024 /PRNewswire/ -- Hilco Global
is pleased to announce a 2-day auction event featuring the sale of
surplus assets to the ongoing operations of a fortune global 500
company. Due to size constraints which limited its ability to
expand, the company decided to close the manufacturing facility and
nearby warehouse in Amityville,
NY, and shift production to other U.S. locations. Integra
Asset Solutions has been hired by Hilco Global as the selling agent
to execute the liquidation auction of the surplus assets from this
facility.
The auction will include the sale of:
- (9) Complete Liquid Filling & Packaging Lines
- (11) Stainless Steel Jacketed Kettles
- Filling, Capping, and Labeling Equipment
- Heat Shrink Bundling Systems
- Packaging & Processing Equipment
- Test & Measurement Equipment
- Material Handling Equipment
- Plant & Production Support Equipment
The liquidation event will consist of two
auctions. The first day, June 5,
2024, 10:00 am (ET), will be a
live streamed event with an auctioneer and the second day,
June 6, 2024, 10:00 am (ET), will be a timed auction event.
Bidding will take place online for both days through a dedicated
platform (BidSpotter) allowing local and international bidders to
participate. Interested parties are encouraged to complete their
registration in advance of the auction days.
Detailed auction lot catalogs, listing more than
950 lots, are currently available online. Anyone interested in
inspecting the equipment in person can do so on June 4th, between 8 am and 4 pm (ET) at 11 Ranick
Drive, South Amityville, NY 11701,
or earlier by appointment. Contact Bob
Saunders at bob@integra-as.com or 708-765-4026 for more
information or to schedule an inspection.
These sales will offer an impressive selection of
machinery and equipment used in the manufacturing of personal care
and beauty products; however, there is also a wide array of
general-purpose production and plant support equipment that would
complement any operation in the manufacturing sector. "This sale
represents a fantastic opportunity for end users in the food,
packaging, and personal care products industries to secure highly
desirable manufacturing assets for a fraction of new cost," said
John Magnuson, President and
Managing Director, Integra Asset Solutions.
For more information or to register, visit
Integra Asset Solutions.
Media Contact:
Ania Caprio
SVP, Marketing
377757@email4pr.com
708-765-4012
Hilco Global is a privately held
diversified financial services company and the world's preeminent
authority on maximizing the value of assets for both healthy and
distressed companies. Hilco Global financial services leverage a
unique blend of deep restructuring, and principal investing. Hilco
Global delivers customized solutions to undervalued, high potential
companies to resolve complex and stressed situations and enhance
long-term enterprise value.
Hilco Global operates as a holding company
comprised of over twenty specialized business units that work to
help companies understand the value of their assets and as needed
monetize the value. Hilco Global has almost 4 decades of a
successful track record of acting as an advisor, agent, investor
and/or principal in any transaction. Currently, the company has
$3 Billion in assets under
management. Hilco Global works to deliver the best possible result
by aligning interests with clients and providing them strategic
insight, advice, and, in many instances, the capital required to
complete the deal. Hilco Global is based in Northbrook, Illinois and has more than 800
professionals operating on five continents with US offices located
in Boston, Detroit, Chicago, New
York, Philadelphia, and
internationally in Australia,
Canada, UK, Germany, Netherlands, Mexico and throughout Asia.
Integra Asset Solutions,
LLC specializes in comprehensive liquidation and valuation
services of commercial and industrial assets. Integra can monetize
any asset on the balance sheet, including machinery and
equipment, inventory, real estate, and accounts receivable. Integra
is prepared to navigate the nuances of complex liquidations and can
provide various financial structures that may be necessary for a
specific project, this includes buying all assets outright or
performing services as a commissioned provider. With decades
of industry experience, Integra consistently maximizes recovery
values for distressed, nonperforming, or surplus assets for small
and multi-national corporations alike.
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SOURCE Integra Asset Solutions