Blog

Growth is always good. Your company is about to grow in size due to a merger. This means new ideas, new staff and sometimes, double the equipment. Backes Auctioneers has the experience you need to work through this kind of business deal and can help you find the best way to liquidate your extra supplies.

With any merger, there are specific goals in mind. You may be looking to diversify your amenities or offer more efficient services. You could also be looking to gain access to new markets outside of your current portfolio. Whatever the reason, with any merger there will be an acquisition of goods.

Extra Equipment

If your company is merging with a similar company and you offer the same services, you will likely double-up on machinery or goods. With this horizontal merger, you’ll need to figure out what machinery you want to keep, and what items are just going to take up space. Rather than having duplicate equipment, it makes more sense to invest in machinery that will allow you to increase your production capabilities. Not only can Backes Auctioneers help you sell your extra equipment, we often have auctions selling the high-production machinery you need.

Overlapping Equipment

Another issue often seen with mergers, called vertical mergers, is overlapping equipment. This happens when two companies merge that create the same product or offer the same service but fulfill different parts of production. For example, you may be in the business of producing concrete and you are merging with a company that creates concrete blocks. This kind of merger is advantageous because it cuts out the middle-man allowing you to streamline the process and save money. However, you may run into similar products. Mixers, forklifts and other machinery may have been used at both businesses but there is no need for duplicates. Backes Auctioneers can help you easily unload your unwanted or unneeded equipment.

Liquidating your items after a merger can be a great way to not only bring in extra money but also increase your capabilities with the option to buy larger equipment. Whether you are making a horizontal or vertical move, Backes Auctioneers can help you unload your equipment quickly and easily. Call us today to see how we can get your items sold fast!