Press Releases
Aug 18

Up for Bid, Fully Operational German Airport

Madgeburg Cochstedt International Airport For Sale Online at
GoIndustry DoveBid

WASHINGTON–(BUSINESS WIRE)–May 24, 2016–
Looking to buy an airport in Germany? Situated in a desirable central
location southwest of Berlin, the Madgeburg Cochstedt International
Airport is for sale on GoIndustry
DoveBid
, a Liquidity Services (NASDAQ: LQDT) online marketplace.
Details can be found at www.go-dove.com.
If interested, move fast. According to Business Insider and the
German newspaper Leipziger Volkszeitung, Amazon, Apple, Tesla and
Toyota are all scouting for potential new sites in this region.

A former Cold War-era Soviet air force base, Airport
Madgeburg Cochstedt International
is located approximately 194
kilometers southwest of Berlin. Originally built in 1957, it was
expanded to accommodate commercial flight after the reunification of
Germany in 1990. In 2010, a Danish company acquired the airport and
invested 30 million euros to upgrade its runway, apron, taxiway and
control tower. Today, it is not only Saxony-Anhalt’s only international
airport, but it is also a growing hub for freight, logistics and an
ad-hoc charter business. It is fully-licensed to operate under visual
flight rules (VFR) and instrument flight rules (IFR) 24 hours a day, and
has regularly been used for test flights by Lufthansa, Airbus and DLR,
the German Center for Aerospace. Assets included in the sale of this
230-hectare airport are a 68-hectare fully-developed industrial area,
3,100 x 60 meter runway, control tower, fire station, terminal building
and parking lot.

“We are pleased to bring to market the opportunity to purchase a
fully-operational airport near Berlin,” said Gardner Dudley, President
of Liquidity Services’ Capital Assets Group. “This unique asset and
strategic location provide a multitude of uses for interested buyers,
including regional or international manufacturers, distributors,
logistics or e-commerce companies. The largest companies in the world
continue to turn to Liquidity Services to manage, value and sell their
full range of industrial assets due to our comprehensive services and
extensive reach to millions of buyers across the globe which creates
robust competition for offered assets. The result is a vibrant
marketplace for both buyers and sellers that is spurring growth and
investment in developing economies, particularly in capital intensive
industries.”

To place bids on items for sale in this auction, or to participate in
any auction on a Liquidity Services marketplace, visit https://www.go-dove.com/register.

About Liquidity Services

Liquidity Services (NASDAQ: LQDT) is a global solution provider in the
reverse supply chain with the world’s largest marketplace for business
surplus. We partner with global Fortune 1000 corporations, middle market
companies, and government agencies to intelligently transform surplus
assets and inventory from a burden into a liquid opportunity that fuels
the achievement of strategic goals. Our superior service, unmatched
scale, and ability to deliver results enable us to forge trusted,
long-term relationships with over 8,000 clients worldwide. With nearly
$6 billion in completed transactions, and approximately 3 million buyers
in almost 200 countries and territories, we are the proven leader in
delivering smart surplus solutions. Let us build a better future for
your surplus. Visit us at LiquidityServices.com.

Source: Liquidity Services

Liquidity Services
Jeanette Hanfling
Director of Public
Relations
202-467-5723
jeanette.hanfling@liquidityservices.com