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EquipNet to Conduct Webcast Auction of a Global Pharmaceutical Company Facility Closure.



  EquipNet to Conduct Webcast Auction of a Global Pharmaceutical Company
  Facility Closure.

Business Wire

MEXICO CITY -- February 27, 2013

EquipNet Auctions has been selected by a global pharmaceutical company to
conduct a worldwide webcast auction as a result of the company’s complete
facility closure. All bidding will be conducted online and in person beginning
on March 13 at 10 AM local time. Bidders can pre-register for the auction and
view the entire auction details including inspection times, terms, and a
complete catalog of available equipment at EquipNet.com/MexicoBW.

This auction contains over 500 lots of processing, packaging, laboratory and
general facility support equipment for tablet, suppository, cream, and liquid
production. The project includes the entire contents of the closed facility,
including: Stainless Steel Tanks, Stainless Steel 100 Gallon Kettle with
Homogenizer, Campbell Hausfeld 60 Gallon Air Compressor Model V, New Age Power
Stamford 800 KW Standby Generator, AB Arboga Maskiner Drill Press Model
ER125S, Miller Arc Welding Machine Model MI-250-CA CD-AF, and much more!

Vice President, General Manager of EquipNet Latin America, Matthew Smith, is
excited by the opportunity this auctions provides. “This facility closure is
an incredible opportunity that offers national manufacturers to buy the exact
same equipment used by a world class multinational – for just a small fraction
of what it would cost them to buy it new. It is hard to find high-quality
pre-owned items, such as the tablet presses, fluid bed dryers, coating pans,
stainless steel tanks that can be found in this auction,” says Smith.

About EquipNet

EquipNet is a leading provider of proactive asset management solutions and
services to leading corporations in the biotech, pharmaceutical, chemical,
food, beverage, and personal care industries, such as Novartis, Johnson and
Johnson, Sanofi, Merck and many others. EquipNet’s vision is to revolutionize
the way companies manage their surplus assets by maximizing financial returns
and minimizing the risks associated with idle capital assets. For more
information, please visit: http://www.EquipNet.com.

Contact:

EquipNet
Ben Potenza, 781-821-3482
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