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Liquidity Services Announces Sales Event for Automotive Production Lines

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More than 350 ABB and KUKA 6 axis robots and ancillary items up for bid

GOTHENBURG, Sweden , March 05, 2018 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT), a global solution provider in the reverse supply chain with the world's largest marketplace for business surplus, is pleased to announce the sale of equipment from car body production lines from a leading automotive manufacturer. Private treaty bid offers are being accepted immediately, with a public online auction event on the online marketplace, www.Go-Dove.com, opening on March 25, 2018 with bids accepted through April 18, 2018. All assets are located in Gothenburg, Sweden.

The car production lines include more than 350 ABB and KUKA 6 axis robots, including controls and pendants, and can be used in many industries including automotive, metalworking and plastics. The pendant can be set up to operate welding, gluing, handling, visual inspection or laser cutting. Additional items for sale include high powered Trumpf 4000W solid state lasers and Rofin DS series disc lasers, inline co-ordinate measuring machines, product transfer conveyors/systems, scissor lifts, and other ancillary items. Assets can be viewed at www.Go-Dove.com.  

"This sale represents a unique opportunity for manufacturers to acquire high quality automotive body assembly plant equipment from a world class company," said Peter Budden, Project Director for Liquidity Services. "Liquidity Services has extensive experience in selling robotic equipment from some of the largest manufacturers in the world. With a global base of over three million registered buyers, we have seen an increase in demand for these types of assets across the world."

Interested buyers can make an offer or arrange a viewing by contacting Leigh McCarron, project manager, at Leigh.mccarron@liquidityservices.com. Viewings will be taking place from Tuesday, April 10, 2018 to Thursday, April 12, 2018 and are strictly by appointment.

GoIndustry DoveBid (Go-Dove), a Liquidity Services marketplace, provides professional buyers with access to an unparalleled variety and volume of surplus business assets from Liquidity Services' more than 11,000 clients, which include Fortune 1000 and Global 500 organizations as well as government agencies. Go-Dove offers buyers excellent deals on surplus assets in over 500 categories, with thousands of items auctioned off every week.

About Liquidity Services
Liquidity Services (NASDAQ:LQDT) operates a network of leading e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering over 500 product categories. The company employs innovative e-commerce marketplace solutions to manage, value and sell inventory and equipment for business and government sellers. Our superior service, unmatched scale and ability to deliver results enable us to forge trusted, long-term relationships with over 11,000 sellers worldwide. With over $7 billion in completed transactions, and 3 million buyers in almost 200 countries and territories, we are the proven leader in delivering smart commerce solutions. Visit us at LiquidityServices.com.

Contact:
Julie Davis
Senior Director
+(1) 202.467.6868 ext. 2234
julie.davis@liquidityservices.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Liquidity Services, Inc. via Globenewswire

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