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Tiger Group Auctions $16MM of AMD Medical Supplies Inventories from Jan. 12-14

byPhil Neuffer
January 11, 2021
in News

Following private treaty bulk sales and auctions of assets from three of American Medical Depot’s six facilities, Tiger Group will host online auctions from Jan. 12 to Jan. 14 for the excess of $16 million in inventories plus other assets from the company’s three remaining  locations.

Auctions for the assets of AMD’s 29,000-square-foot Miramar, FL, distribution center; 63,000-square-foot Schenectady, NY, facility; and 59,000-square-foot Whitsett, NC, warehouse are scheduled for Jan. 12, Jan. 13 and Jan. 14, respectively. Bidding at soldtiger.com  closes at 10:30 a.m. ET on each day. All bidders are required to register prior to the sale at soldtiger.com. Bidding opened on Jan. 5 for the Miramar auction, Jan. 6 for Schenectady and Jan. 7 for Whitsett.

Available items include personal protective equipment, personal paper products, hospital textiles, sterilization wraps, swabs/cotton balls, medical gloves, bandages/dressings, alcohol products, acute care monitoring units, needles, test kits and calibrators. The products come from manufacturers such as Becton Dickinson, BSN Medical, Integra Miltex, Mortara, Graham Medical, Hemosure, Jant Phamacal, Lifesign, Welch Allyn and ChemDAQ.

The event additionally offers an array of material handling equipment; pallet racking and shelving; plant support equipment; office furniture, fixtures and equipment; and IT/ telecom and other office and warehouse electronics from the three locations.

“Based on the strong response to our fourth quarter auctions of inventories and other assets from AMD’s distribution centers in Vernon, CA; King of Prussia, PA; and Tampa, FL, we anticipate another round of spirited bidding for PPE and other vital items at these three final auctions,” John Coelho, senior director of said Tiger Group, said. “Each auction presents exceptional opportunities for medical products distributors who serve hospitals, medical offices, nursing homes and other facilities to fortify their inventories at a time when the pandemic continues to strain the nation’s healthcare system.”

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