Heritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (NASDAQ: HGBL), announced today that it has renewed its global Master Agreement with Amgen for asset valuation, disposition & redeployment services relating to its surplus or impaired physical assets globally.
“We have conducted over 80 auctions for Amgen since the inception of our relationship and the original signed Master Agreement. We are excited to continue as Amgen’s vendor for surplus asset management and look forward to being a key contributor to their financial asset recovery while simultaneously maintaining an ESG focus and keeping these assets out of landfill,” said Nick Dove, President of HGP.
HGP will be responsible for the sale of surplus assets consisting of laboratory assets, manufacturing and processing machinery and equipment, building support equipment, material handling, vehicles, consumables and MRO.
“HGP currently has its 83rd and 84th auctions for Amgen scheduled in January 2023 and we look forward to a great start in the new year for Amgen’s asset recovery program,” stated Craig Thompson, Senior Vice President of HGP.
Information on those auctions can be found at www.hgpauction.com
Heritage Global Partners, Inc. (“HGP”) is a subsidiary of Heritage Global Inc. (NASDAQ: HGBL). HGP operates under the Industrial Assets business unit and is a full-service auction, liquidation and asset advisory firm…
