Onsite Auction
Grupo Herdez
Location: Ensenada, Mexico
Industry: Food Processing
Type: Corporate, Food Processing
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SITUATION:
When a Schneider Industries Representative contacted Grupo Herdez to discuss managing a complete investment recovery program, Herdez jumped on board with hopes of receiving maximum value for their 200,000 square foot building, machinery, and equipment in Ensenada.
SOLUTION:
SI managed an online and onsite auction event offering Herdez’ surplus assets at auction. Bidders competed on the floor and assets were sold to the highest bidder. Herdez was so pleased with the outcome of the sale that they hired SI to manage all their surplus asset sales.