From Equipment to Liquidity
We buy and sell commercial and industrial equipment from individual owners up to Fortune 50 companies.
PPL is a leader in the industrial liquidation and auction business, with a focus on complete plant liquidations and auctions. PPL Group’s auction arm, PPL Auction, brings decades of experience, having managed hundreds of business auctions across the United States, Canada, Mexico, and abroad. From highly specialized equipment, to entire plants, to multiple sites, PPL obtains the highest recovery value for the assets while meeting the seller’s specific goals. We always produce auctions that match assets with the best purchasers. For a list of our current sales, click here.
PPL has worked with hundreds of small to middle-market businesses during turnaround, restructuring, and bankruptcy situations. We also serve large corporations in the recovery of maximum values for their idle and surplus assets.
EB Display
• Manufacturer and designer of custom displays and fixtures for retail customers
• Divisions for graphic design, engineering, manufacturing, and printing
• Company filed Chapter 11 Bankruptcy in order to sell the assets of the business
• We bought all assets of the business, including three buildings totaling 195,000 sqft
• We downsized the operation and ran the business for 90 days to fulfill outstanding orders, collect receivables, and finish work in process inventory; eventually conducting a machinery auction and selling the real estate.
Verso Paper Mill – Luke, MD
• 250+ acre site, 1.3M sqft, spread over 2 states and 3 counties
• Assets included large mobile equipment fleet, enormous spare parts inventory, paper machinery, and 2 independent woodyards
• Purchased entire site: RE, all equipment, and assumed liabilities
• Liquidated all assets via 4 separate auction sales
• Currently negotiating on remainder of RE, maintaining wastewater treatment
Appvion Paper & Pulp Mill – Roaring Springs, PA
• 330+ acre site, 400k sqft under roof. 200k ton/year paper production plant with 3 paper machines, a 150,00 ton/year pulp mill, and wastewater treatment plant
• Purchased entire site: RE, all equipment and above ground assets
• Resolved ongoing environmental concerns and maintained wastewater treatment plant
• 3-day auction of most assets. Sold property to a single buyer
United Support Solutions – Cedar Grove, NJ
• Contract defense manufacturer – precision CNC machining facility and a complete fabricating and welding facility
• Company lost money for years and was unable to sell itself over 16 months – owner needed to move on and focus on other opportunities
• We bought the entire business and wound down the company, handling the landlord, leaving the place broom-swept on exit, and giving the owner cash up front. We held a large, 2-day auction sale after completing existing contracts
Par Pharmaceuticals Campus in Huntsville, AL
- 110 acres and 3 facilities totaling 800,000+ sqft
- Par struggled to sell the campus for years
- We bought the entire campus, conducted a series of auctions and funded a contract manufacturer to lease the liquids buildings with equipment
- We leased the second building to a non-pharma manufacturer and remodeled and sold the third building