News | January 10, 2023

Pharmaceutical Packaging And Laboratory Equipment Auction Announced For ANI Pharmaceutical Assets

Don’t miss our upcoming auction featuring quality processing, packaging and lab equipment from ANI Pharmaceuticals. The auction will take place February 28 -March 1st, 2023

  • Location: 400 Iroquois Shore Rd, Oakville, ON, Canada
  • Sale Held In Conjunction With: Heritage Global Partners, Keith Machinery and Proxio Group
  • Bid Online: February 28 – March 1st, 2023
  • Preview: By Appointment Only

Featured Assets:

  • Collette Gral 600
  • Niro PMA 600
  • Glatt CM1200 Bin Blender
  • Thomas 48” Tablet Coater
  • Patterson Kelley 10 Cubic Foot Blender
  • Glatt WSG 120
  • Kason 36” Screener
  • Quadro 197 Mill
  • Quadro 196 Mill
  • Fitzpatrick DASO 6 Fitzmill
  • Capsugel Ultra 8
  • Krieger MMU 500
  • Complete Tablet/Capsule Packaging Line
  • Complete Tube Filling Line
  • Lab Equipment
  • Facility Support

Federal Equipment has over 65 years of experience and expertise buying and selling used, idle, or surplus industrial equipment. With our industry and market knowledge and trustworthy reputation, you can be sure you’re getting the best return for your surplus assets when you leverage our industrial equipment auctions capabilities.

Frequently Asked Questions

What is the difference between an auction and a liquidation?

Auctions take place very quickly, over a short period of time. They typically involve the equipment remaining at the manufacturing facility and the seller usually participates in the sale. Liquidation is the process of selling the assets of a business over a longer period of time in order to attain higher values that are closer to market value. In the case of a liquidation, Federal Equipment purchases the equipment, removes it, and brings it back to our warehouses to resell.

What should I know before I enter an auction?

There are several important points to keep in mind prior to registering for an auction, particularly as most of Federal Equipment’s auctions are online:

  • Review the terms & conditions of sale.
  • Pay attention so you are not outbid.
  • Evaluate the condition of the item you’re interested in before bidding – schedule an inspection to see the equipment before bidding begins.
  • Decide before bidding begins, the price you’re willing to pay for an item.

Source: Federal Equipment Company