Tiger Group Sells Fabrication and Assembly Equipment from Two U.S. Manufacturing Plants
Conducted on behalf of the secured creditors, the online auction featured M&E from the former
Tiger marketed a broad mix of equipment from the two facilities, including CNC routers, electro-mechanical plate shears, CNC folding machines, electro-pneumatic saws, and smart routers by brands such as Miller, Lincoln Electric, FomIndustrie, Schechtl and Schlebach.
Bidders in the 415-lot sale vied for plant-support M&E and rolling stock by brands such as Kaesar, Chevy and Mitsubishi, along with raw materials and finished-goods inventory originally valued at more than
Tiger's in-house auction and operations team leveraged its proprietary database of repeat buyers in composites manufacturing to drive demand across the offering, managing the entire sale and removal process across both facilities within a tight 30-day deadline set by the landlord.
"Our years of experience with aluminum fabrication equipment—including large-format panel builders from AXYZ Automation Group and units from Schechtl and Durma—gave us the ability to execute and quickly monetize the collateral," said
Media Contacts: At Tiger Group,
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SOURCE Tiger Group
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