Success Story
Fortune 500 Food Manufacturer
SIGMA Auction proudly partners with clients to ensure every auction is a success — as was the case with our recent on-site auction for a Fortune 500 company on the West Coast.
Type of Auction
On-Site
Location
Oregon
The Challenge
Logistics
The client, a global food manufacturer, needed to vacate a leased facility and return it to pre-lease condition by the end of 2025. Their primary objective was to recover as much value as possible from high-end processing and packaging equipment, all while meeting a strict timeline.
Value Maximization
Initially scheduled for November 2024, the auction date was moved to March 2025 at SIGMA’s recommendation. This shift allowed for a longer pre-sale marketing period — a key move that ultimately enhanced overall returns and helped ensure a successful outcome.
The Solution
A Proven Process, Tailored to the Project
SIGMA Auction drew on its strong relationship with the client and its deep industry experience to create a customized, results-driven approach:
Strategic Pre-Sale Marketing
Equipment marketing began in December 2024, generating early interest and buyer momentum well before the auction.
On-Site Asset Cataloging
SIGMA’s team traveled to the facility in October 2024 to meticulously catalog over 300 lots of high-value machinery.
Early Sale of Key Assets
High-value items such as retort systems and automated cartoners were sold prior to the auction, locking in over $1 million in early revenue.
Targeted Buyer Outreach
An aggressive, data-driven marketing campaign attracted qualified buyers from across the country, resulting in strong participation and competitive bidding.
Seamless Equipment Removal
SIGMA acted as a liaison between the client and rigging partners, ensuring smooth removal of equipment and minimal disruption.
The Impact
SIGMA Auction successfully completed a high-value onsite processing & packaging auction for a Fortune 500 food manufacturer, generating $2.47M in total recovery. The event included 300+ lots of processing and packaging equipment and achieved a 95% sell-through rate with $500K in cost savings.
SIGMA Auction’s ability to adapt to the client’s evolving timeline, design a smart pre-sale strategy, and execute with precision resulted in significant value recovery. By avoiding a traditional auction-only approach, SIGMA helped the client prevent an estimated 50% loss in potential revenue.
This project not only delivered measurable financial returns but also strengthened SIGMA Auction’s position as a trusted asset recovery partner for future phases of this client’s liquidation initiative.
The numbers
Total Pre-Sale Dollars
Total Lots Sold
%
Percentage of Lots Sold
Total Value
Ready to See What SIGMA Auction Can Do for You?
Whether you’re managing a facility closure, downsizing, or repositioning assets, SIGMA Auction brings unmatched expertise, strategy, and execution to every project. Let’s talk about your next auction.
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