Categories: corporate

Banks and financial institutions are increasingly relying on auction houses to achieve higher returns and enhance the efficiency of capital goods disposal. (© PreciousJ / Shutterstock.com).

Changing Strategies in Capital Goods Disposal: Why Banks and Financial Institutions are Increasingly Turning to Auction Houses


The structure of capital goods disposal is evolving. While banks and financial institutions previously relied mainly on direct sales through machinery dealers, they are now recognising the benefits of specialised auction houses. These not only serve as local contacts for sellers but also achieve higher global revenues due to their extensive buyer base.
When companies can no longer service t

Selling unused machinery at year-end frees up budget for future investments. (© Surplex).

5 reasons why the end of the year is the best time to sell machinery

Why is the end of the year the ideal time to sell unused machinery? Beyond financial and tax benefits, selling now offers a chance to free up space and budget for next year’s investments. On top of that, high year-end demand makes it easier to find buyers quickly and achieve attractive prices.
The end of the year is often a time for companies to review their financials and set the course for th

For a year now, he has been transforming the auction market: Tom Christenson, CEO of TBAuctions. (© TBAuctions).

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 ..

Nina de Souza, CPO of TBAuctions. (© TBAuctions).

TBAuctions Appoints Deliveroo Executive: Nina de Souza becomes the new Chief Product Officer

TBAuctions, a B2B multi-brand online auction platform in Europe, appointed Nina de Souza as its new Chief Product Officer. The American-born executive starts this week in Amsterdam and brings years of product innovation experience at Deliveroo and Hotels.com. As Director of Product at Deliveroo, she was responsible for optimizing the platform's Consumer app. With De Souza's arrival, TBAuctions aim

Used machines can easily be sold via online auctions. The industrial auction houses Surplex and Troostwijk Auctions are competent partners in the used machinery trade. (© Billion Photos/Shutterstock.com).

Companies in transition: selling old machines, utilising new opportunities

When the next generation takes over the management of a company, it often brings a breath of fresh air and new ideas. But innovation also means change: old machines that tie up capital or no longer work efficiently have to go to make room for modernisation.
After many years as managing director, the question of succession arises at some point. In a family business, this is ideally someone from

Five smart, digital tools create a sustainable, efficient and resilient circular economy of production machinery by efficiently connecting companies with the used machinery market. (© ALICIA Circular Manufacturing Ecosystem).

EU project ALICIA creates circular economy for production lines


Circular economy meets Industry 4.0: How digital tools can shape the future of sustainable production. The EU project ALICIA aims to create a circular economy for production assets to minimise premature scrapping of machines and machine parts. Through the development of innovative digital tools, industrial companies and the used machinery market will be economically linked, allowing assets to

Grüne Innovation: Gebrauchte Industrieanlagen verringern den ökologischen Fußabdruck. (© Quality Stock Arts/Shutterstock.com).

Surplex erreicht das Finale des 17. Deutschen Nachhaltigkeitspreises


Das internationale Auktionshaus für gebrauchte Industriemaschinen Surplex hat es ins Finale des 17. Deutschen Nachhaltigkeitspreises geschafft. Der renommierte Preis, der am 28. November 2024 in Düsseldorf verliehen wird, zeichnet Vorreiter in Sachen Nachhaltigkeit aus. Mit dem Handel von Gebrauchtmaschinen leistet das Unternehmen einen wichtigen Beitrag zur Kreislaufwirtschaft, indem es die

The most expensive item at the auction was the DMG MORI SEIKI NMV 5000 DCG vertical machining centre. (© Surplex).

Exceeding expectations: AMRC and Surplex successfully auction machinery

The Advanced Manufacturing Research Centre (AMRC) at the University of Sheffield is a leading research institution in manufacturing engineering and material sciences. In February, 32 select, high-quality machines from the machine park were auctioned off by the industrial auction house Surplex. Phil Bell, Commissioning Engineer at AMRC, and Antony Reed, UK Country Manager for Surplex, take stock.

From left to right: Uli Stalter, Managing Director of Surplex; Tom Christenson, CEO of TBAuctions; Michael Werker, Managing Director of Surplex. (© TBAuctions)

Surplex and TBAuctions join forces to expand the Continental European market

TBAuctions, Europe’s leading B2B multi-brand digital auction platform, is excited to announce the acquisition of Surplex. The transaction closed on 7th August 2024. This strategic move accelerates TBAuctions’ growth into seven new countries including Poland, Portugal, Romania, Czech Republic, Hungary, and Serbia. It also bolsters TBAuctions’ presence in Germany, Spain, France, and Italy, while add

Maintenance matters: Even older machines can lead a successful second life as used machines with the right care. (© Gorodenkoff/Shutterstock.com).

How to find the right used machine: What to consider when buying

From manufacturer to runtime: Avoid expensive mistakes and risks with used machines.
The demand for used machines is growing. More and more businesses are turning to used machines for their own production. This is not only more sustainable than buying new, but also offers other benefits.
Used machines are cheaper, which can be an advantage especially for smaller or new companies with limited

ASMR sounds from metal and woodworking machines on Alexa. (© Surplex).

The soundscapes of industry: Even machine noises can trigger ASMR


Surplex, the industrial auction house, is known for auctioning used machinery. But now, it is launching a new ASMR project featuring the sounds of the industrial machines sold. The distinctive sounds from the world of industry are now available on two platforms: YouTube and Alexa.
Rumbling: In an empty hall, a large ABUS double girder overhead crane with a capacity of over 150 tonnes moves

Global Recycling Day: used machinery in the circular economy

Global Recycling Day: used machinery in the circular economy


On 18 March, Global Recycling Day is celebrated, focusing on utilising waste as a secondary resource for as long as possible. This process is also known as the circular economy. But what does this have to do with machinery? A globally interconnected second-hand machinery market acts as a circular economy for production resources, thereby contributing to a sustainable future.
Initiated by t

Women in the technical sector are breaking traditional boundaries. They are no longer a rarity but remain underrepresented. (© WOSUNA / Shutterstock.com).

Not just a man’s world – the transformation in the machinery sector


Mechanical engineering, industry, construction, and workshops: These are environments typically associated with men – at least according to the prevailing view in society. This is because women are supposedly not interested in technology and machinery. However, this perspective is outdated, as confirmed by four women in key roles at the industrial auction house Surplex.
The industry and me

The principle that “things are worth only what someone is willing to pay for them” is a fundamental concept in economics, playing a crucial role in the valuation of goods and assets. (© Chatchawal Phumkaew / Shutterstock.com).

Valuation of assets in the manufacturing industry: challenges and solutions according to EBA/GL/2020/06

The guidelines EBA/GL/2020/06 for lending and monitoring, published by the European Bank Authority (EBA) on 29 May 2020, represent a comprehensive framework for data management, lending standards, and customer relations within the European banking sector. These guidelines aim to address identified deficiencies in existing lending processes, thereby significantly contributing to the strengthening o

Rising energy prices, shortage of skilled labour, scarcity of resources - the year 2024 will bring many challenges. Do AI and technical innovations offer the solution? (©IM Imagery/Shutterstock.com)

Economy in transition: Challenges and opportunities for European industry in 2024


Looking ahead to 2024: a year full of challenges for the European economy, but also lucrative opportunities. How companies can master the wave of change and discover new opportunities for growth and efficiency with clever digitalisation and automation as well as the smart use of used machinery.
In 2023, the European economy was heavily impacted by external challenges such as high energy pr

The used machinery market defies economic uncertainties in 2023: Prices for used machines remained stable. (Image AI-generated with DALL-E and Adobe Photoshop).

The used machinery market in 2023: Stable in uncertain economic times

In 2023, the European economy was impacted by high energy prices and inflation. Interest rate hikes by the ECB and general economic uncertainty further dampened investment readiness. Nevertheless, the trade in used machinery remained stable. The reasons for this are manifold.
2023 was the year after the turning point. The war in Ukraine entered its second year and has become a constant factor i

The world of online auctions: Opportunities and challenges in the digital age. (© Mr. M. Nobody /Shutterstock.com).

10 challenges for auction houses in the digital age

Auction houses have a tradition spanning several centuries. In recent decades, they have undergone a digital transformation, expanding their reach globally. However, this has also brought numerous challenges, particularly in meeting the ever-growing demands and needs of customers.
What do customers expect from an auction house? Surplex asked itself the same question and conducted a survey among

Many different tasks arise during factory closures. From personnel issues to warehouse clearance, they have to be sorted out. (© Gorodenkoff/Shutterstock.com).

Factory Closures and Used Machinery: How Businesses Can Free Up Budget

Closing a factory is more than just an economic decision - it has far-reaching social and financial implications. How selling used machinery can not only free up budget, but should also be part of a comprehensive strategy to address this complex challenge.
Factory closures are a serious challenge for companies and employees alike and can be necessary for a variety of reasons. Often it is econom

Personal advice and a quick conclusion of the sale - used machinery in direct purchase (©Drazen Zigic/Shutterstock.com).

Fixed prices and comprehensive advice: direct sales in the used machinery market

Used machinery offers a viable alternative to new purchases, especially in an economy troubled by inflation and supply chain disruptions. But the market is large. When buying a high-quality machine directly, it is best to work with professionals.
Purchasing used machinery is an affordable and practical solution to remain competitive in today's fiercely contested market. Prices for used machines

The Earth Overshoot Day in industrialised countries is much earlier than in less developed countries. With #PowerOfPossibility, industry can also make its sustainability contribution. (© Thungphoto / Shutterstock.com).

Earth overshoot Day: Over 25,000 tons of CO2 saved through the trade of used machinery

2nd August 2023 is this year’s Earth Overshoot Day. Through the global trade of used machinery on Surplex.com, more than 25,000 tons of CO2 were saved last year, which pushes back the Earth Overshoot Day by more than 11.5 seconds. Because a globally networked market for used machinery acts as a circular economy for production resources and thus contributes to a sustainable future.
The Earth Ove

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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.

Surplex GmbH

Theodorstr. 105
40472 Düsseldorf
Germany

Surplex.com
Metalworking Machinery
Woodworking Machinery
Construction Industry & Equipment
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