WASHINGTON--(BUSINESS WIRE)--Liquidity Services (NASDAQ: LQDT), a global solution provider in the reverse supply chain with the world’s largest marketplace for business surplus, announced today that it has partnered with Mondelēz International, Inc., one of the world’s largest snack companies with high-profile brands such as Cadbury, Nabisco, Oreo and Triscuit, to auction off surplus assets from its Philadelphia, PA production facility.
The assets will be sold online during two separate events. Interested bidders may preview and inspect equipment in person August 17, 18 and 19 from 9 a.m. to 4 p.m. each day. Bidding for event number 501392, http://bit.ly/GoDoveMondelez1, opens on Monday, August 17 at midnight EDT and closes Wednesday, August 19 at 4 p.m. EDT. Bidding for event number 501393, http://bit.ly/GoDoveMondelez2, opens on Monday, August 17 at midnight EDT and closes Thursday, August 20 at 4 p.m. EDT.
“We are pleased that Mondelēz International has once again selected Liquidity Services to provide consultative surplus asset management, valuation and sales support,” said Gardner Dudley, President of Liquidity Services’ Capital Assets Group. “By utilizing www.go-dove.com, our online marketplace, buyers from around the world will have a chance to purchase commercial foodservice production and packaging equipment from one of the leading companies in the industry. This is an opportunity for other foodservice manufacturers and equipment dealers to purchase good-condition, ready-to-use assets.”
“Liquidity Services and Mondelēz International have worked together multiple times to sell similar surplus assets within the food and beverage industry,” said Antonio Martinez, Manager, Stranded Assets for Mondelēz International. “We are confident that Liquidity Services’ industry expertise and global experience will again successfully bring us together with buyers who will find value in our surplus assets. This will not only help ensure a more sustainable approach to the redeployment and disposal of assets, but it is also a good way for us to recoup money from past capital expenditures.”
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 GoIndustry DoveBid
GoIndustry DoveBid (Go-Dove), a Liquidity Services marketplace, is the exclusive venue for small and medium-sized enterprises and Fortune 1000 corporations to sell their surplus assets. With over 500 different commodity categories and thousands of surplus items added weekly to our inventory, Go-Dove offers buyers a unique and dynamic pool of property for purchase and resale.
About Liquidity Services
Liquidity Services 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 7,000 clients worldwide. With nearly $6 billion in annual sales proceeds, 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.