Success for Stowen

Various Used Machinery and Tools

Apex recently held an auction on behalf of Stowen Group Ltd.

This particular auction was a short notice sale, with just a month from the signing of the contract to the sale ending. This left a short window to allow lotting up, photography, and marketing. However, Apex's dedicated project, marketing, and sales team went to work, and in four short weeks, managed to secure over 250 registrants.

The auction included over 600 lots, with a large variety of items to attract potential buyers. Items ranged from turning and milling equipment, such as a Mikron machining centre and a couple of Binns and Berry lathes, to fabricating and inspection equipment.

After the auction closed on the 3rd of September, 98% of the lots had been sold, 614 out of 627, with the sale taking over 20% of the collective reserve price.

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