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
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 ..
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
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
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
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 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.
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
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
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
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
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 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
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
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
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
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
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
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
Offices in 16 European countries, competent all-round service and a wide range of machinery: For over 20 years, the Surplex industrial auction house has offered the ideal platform for buying and selling used machinery.
The used machinery market is growing. More and more companies from various industries are recognising the opportunities offered by deploying used machinery in production. Es
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.
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