Case Study: a leading food manufacturer company achieves $2.5M in redeployment savings with EquipNet

Leading Food Manufacturer Company - Customer Case Study

EquipNet worked with a leading food manufacturer company in Mexico that specializes in dairy and related products and has more than 65 years of experience. The company needed a comprehensive asset management solution to clear surplus equipment from four dairy facilities while keeping ongoing operations running, and the inventory included a wide range of food processing and packaging machinery.

EquipNet implemented its Value Based Sales Model using online MarketPlace sales and online auction events, along with project management, onsite inventory, proactive asset sales, and worldwide logistics services. Within six months, EquipNet sold more than 170 pieces of equipment and generated over $200,000 in sales proceeds, while also helping the client achieve $2.5 million in redeployment savings and leaving remaining assets with an estimated total value of over $450,000.