Gordon Brothers, the global advisory, restructuring and investment firm, partnered with New Mill Capital to sell the machinery and equipment from Drinkworks’ two U.S. facilities in timed, online auctions.
Drinkworks, a former producer of at-home bar machines, ceased operations in December 2021.
The discontinued assets include late model, alcoholic beverage machinery and equipment from the Bedford, MA testing facility and state-of-the-art home bar production and pod filling equipment from the Williston, VT plant.
The first of two online auctions for the Bedford facility assets began March 2, with bidding closing on March 9. The second of two online auctions for the Williston plant assets begins March 22 with bidding closing on March 29. Inspections are available by appointment.
“We’re happy we could provide a creative and flexible solution for Drinkworks after the company made the difficult decision to stop production of their home bar appliances,” Bob Maroney, president of C&I at Gordon Brothers, said. “These online auctions present terrific opportunities to purchase practically new equipment at a time where supply chains are struggling to meet demand.”
In addition to the machinery and equipment, more than 500,000 items of consumable inventory are available for sale.
