Case Study: Major Food and Beverage Company achieves $64M net from fleet remarketing with Corcentric

World’s Largest Food and Beverage Company Completes Complex Distribution Transformation with Turnkey Fleet Remarketing Solution

Major Food and Beverage Company faced a major operational shift when it exited its company-owned frozen Direct-Store-Delivery network for pizza and ice cream, closing distribution centers and needing to dissolve a nationwide fleet of more than 2,000 assets. To manage this complex, high-volume disposition the company turned to Corcentric and its turnkey fleet remarketing solution, leveraging a long-standing supplier relationship and specialist expertise.

Corcentric delivered an end-to-end remarketing program—using its buyer network, auction and bank relationships, and handling inspections, titles, staging and logistics to 20 locations—remarketing and selling 2,644 pieces of equipment in just over a year and netting the Major Food and Beverage Company $64 million; Corcentric also secured a 25% higher net on the final 500 units after market recovery.