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EquipNet expands as business grows in European markets

23 May 2015

MARCH 2015

Who We Are

EquipNet is the world’s most comprehensive surplus asset management company. We are appraisers, brokers, and auctioneers of laboratory instrumentation and manufacturing equipment.
Boston, MA

Continuing success in Europe has encouraged leading global asset management specialist, EquipNet Inc. (Boston, Massachusetts, USA), to expand both its sales and marketing operations and its -logistics hub for all UK and European business.

The company has relocated its European team into new, larger office premises based in Twyford, Berkshire, as well as extending its warehouse facilities in Bridgend, South Wales. These investments will allow EquipNet to further improve logistics capabilities, providing customers with a completely integrated service.

EquipNet helps companies to take control of their assets using a range of tools and activities including redeployment, negotiated sales with managed pricing through an on-line marketplace, competitive auction events and clearance programs.

This new facility in Bridgend brings many benefits to EquipNet customers, from companies that use the full EquipNet asset management programme to one-off sellers and buyers. With the addition of a fully serviced office, the warehouse area will be manned full-time offering improved logistical services.

Steve Maggs, European Operations Manager at EquipNet, said: “These changes are great for both, our clients and our European team. We have grown our business in Europe significantly in recent years, and are continuing to do so as companies continue to discover the hidden value in idle assets found throughout their enterprise.

With this bigger warehouse facility we have the capability to streamline the logistical and warehouse output. Looking forward, we’ll now also be able to consider the development of services, maximizing use of this fantastic space.”

The move into these new facilities comes just after EquipNet celebrated its 15th anniversary. In that time, EquipNet has grown to an organization of more than 130 people in locations throughout Europe, North America, Latin America and Asia.

To find out more about asset management with EquipNet and how the company can help maximise return on surplus or idle laboratory instrumentation or manufacturing equipment, visit:
About EquipNet

The Massachusetts based EquipNet, Inc., has become the world’s largest specialist asset management company. The company offers a range of tools that allow companies to take control of their assets. For example, a proprietary software platform ARMS™ (Asset Redeployment Management System), can be installed across multiple sites, behind the firewalls of these companies, allowing an enterprise-wide online accessible program that aligns with the requirements of that particular company. This is part of EquipNet’s unique approach, developed to balance the needs of a client to realize maximum value for key assets, dispose of routine items in as timely way as possible, and deal with scrap and low-value residual materials too. They have the biggest online marketplace for laboratory, production and packaging equipment, and are the largest specialist auction vendor in the world. Their main markets are in the pharmaceutical, biotech, chemical, food, beverage, and personal care sectors, where their specialist knowledge of the markets is proven to deliver higher value than many of the ‘generalists’ in the market.