Auction sales span nine countries, allowing client to monetize surplus assets globally
Background
Our client, a global leader in data storage solutions, faced a significant challenge from 2020 to 2024 across its expansive operations in the Americas, EMEA, and APAC regions. The key issue was efficiently monetizing surplus capital assets, driven by shifts in operational capacity and routine equipment upgrades.
The Challenge
Frequent adjustments in capacity and equipment upgrades across three major global regions resulted in a continuous surplus of high-value assets, including semiconductor and wafer fabrication tools and various electronic test and measurement equipment.
To effectively manage and monetize these surplus assets, our client sought a turnkey solution that offered flexibility, transparency, and robust financial controls. The goal was to maximize returns while minimizing disruption to ongoing operations.
Liquidity Services' ability to deploy local teams in each operational region—APAC, EMEA, and North America— provided a distinct competitive advantage. This approach ensured that services were both accessible and tailored to meet diverse regional compliance and logistical requirements.
The Solution
Liquidity Services’ solution involved deploying expert teams onsite to manage the entire asset monetization process from start to finish, offering the flexible and comprehensive service approach the client required. While competitors were considered, none could match the breadth of services or localized expertise provided by Liquidity Services, solidifying our position as the preferred partner for this extensive project.
Plans are in place to maintain this successful strategy, and we will continue to support our client with future site closures, consolidations, and equipment upgrades.
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