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Auctions Boom in Recession

PUBLISHED 26 January 2009

With the economic climate in crisis, it is understandable that every sector of the food manufacturing market is struggling.

Sale by auctions are becoming more and more prominent and that is as a result of the rise in business closures, however auction sales can be a profitable sales channel for businesses looking to sell unwanted equipment by this method of sale.

Pro Auction has seen a significant increase in the number of overseas buyers purchasing equipment at their plant and machinery sales, which are focussed solely within the food processing and manufacturing sectors.

With a number of sales planned for February, Pro Auction is actively seeking new instructions from food manufacturers in the UK to meet the demands from buyers from manufacturers in Europe and the rest of the World.

The next sale planned for modern bakery & food-processing machinery will be held on 25th February 2009, on the instructions of a major UK food manufacturer & retained client, the sale will include bakery processing machinery and equipment that is surplus to the vendor’s requirement.

In addition to UK food manufacturing sales Pro Auction are offering a fully automated ethanol distillery for sale on behalf of a European producer and a complete bottle filling line with syrup room, 14,000ltr per minute 1ltr,30cl and 20cl bottles in first class order by order of one of the Worlds largest drinks manufacturers.

The online auction services offered by Pro Auction ensure the price maintained is good with reserve prices being achieved for good quality used food machinery. Auction sales are held on a regular basis with good attendees.

Simon Rose of Pro Auction commented “with the recession now very evident buying at auction seems to have increased in the last few months from the overseas market, which is allowing UK manufacturers the opportunity to sell at strong prices”

Pro Auction Limited
Unit 5, Midsomer Enterprise Park
Radstock Road
Bath
BA3 2BB
Mark Flynn

Telephone: (+44) 01761 414000
Facsimile: (+44) 0845 280 2492

www.proauction.ltd.uk

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