Image - 2 October 2024

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Contacts

Dennis Kottmann

Press contact Head of Marketing pr@surplex.com +49-211-422737-28

Nina Heidemann

Press contact Teamlead PR nina.heidemann@surplex.com +49-211-4227378-72

Underutilised opportunities: How auctions can succeed in the B2B market and where they currently fall short

The market for trading used industrial goods is already worth hundreds of billions, yet auctions account for only a small fraction of it. Many people associate auctions with financial distress and insolvency, while lack of awareness and a fragmented market pose additional barriers. Tom Christenson, CEO of TBAuctions, discusses the transformation of the auction business for used industrial goods ..

Used machines for your success

Surplex has been one of Europe’s leading industrial auction houses for 25 years and trades worldwide in used machines and factory equipment. The 18-language auction platform Surplex.com has over 125,000 registered customers. The company is based in Düsseldorf and has offices in many European countries, including Spain, Italy, and CEE. More than 200 provide a full service in 20 languages.
Surplex became part of TBAuctions in August 2024, Europe’s leading multi-brand (Troostwijk Auctions, Klaravik, Auksjonen, PS Auction, British Medical Auctions, Vavato, and Auktionshuset dab), digital auction platform for B2B used goods. The TBAuctions group reach nearly 200 million annual site visits, sell over 1.6 million assets, receiving bids from 750k bidders in 175 countries, generating hammersales of more than €1.6 billion, and employing nearly 1,200 team members.