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Press Release
BANYU'S SURPLUS EQUIPMENT & MACHINERY AVAILABLE WORLDWIDE THROUGH DOVEBID'S INTERNET AUCTION
TOKYO, JAPAN (12 February, 2007) -
DoveBid Japan is pleased to announce that Banyu Pharmaceutical Co., Ltd., a subsidiary of Merck & Co., Inc., Whitehouse Station, N.J., U.S.A. is hosting an online auction for their surplus pharmaceutical equipment and machinery located at their facility in Okazaki, Japan.
The online auction will start 20th February, 2007 and end on 23rd February, 2007. The auction contains over 1,000 lots of surplus equipment, including - Research & Development, Laboratory, Processing and Manufacturing, Test & Measurement, and even a Fire Truck! These assets are available for review at DoveBid's website online catalogue at (http://www.dovebid.com). This is DoveBid's second time supporting Banyu's surplus asset disposition, as they consolidate their facilities with Merck & Co, Inc.
"Usually the acquisition of new assets is surrounded with all kind of strict procedures. The disposition of surplus assets is quite the opposite. A plant manager or engineering department is usually left to their own devices when disposing of old equipment; usually selling the item for scrap value, and missing out on the revenue potential it has to offer.
Not many corporations in Japan have a systematic approach to asset/equipment management. DoveBid are perfectly equipped to help them, thus increasing their returns. The benefits of asset management are not well known, and at present are undervalued in corporate Japan" - Naoki Kato, President of DoveBid Japan.
"Slowly businesses in Japan are coming to realise the benefits of reallocating assets, and/or the disposition of assets through our worldwide online auctions and exchanges. Increasing the value of surplus assets is DoveBid's strength. Our deep experience and knowledge of capital asset management enables DoveBid to deliver world-class services." - Wim Giezenaar, SVP DoveBid Asia Pacific.
About DoveBid
DoveBid, Inc. is the leading global provider of capital asset management and valuation services. DoveBid delivers a turnkey, outsourced set of solutions to corporations and financial institutions for the valuation, redeployment and disposition of capital assets.
Headquartered in Los Angeles, California, USA, DoveBid has over 67 years of industrial capital asset management expertise with associates in 37 offices and 20 countries. More information on DoveBid can be found at www.dovebid.com or by contacting the company directly at DoveBid Japan K. K., Tel: +81 (0)3 3252 0450, Fax: +81 (0)3 3252 0480.
DoveBid and the DoveBid logo are registered trademarks of DoveBid, Inc.
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DoveBid Contact:
Japan
Yusuke Uchiyama
P +81 (0)3.3252.0450
F +81 (0)3.3252.0480
E yuchiyama@dovebid.com
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