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Tiger Group Sets Auctions for Remaining $7MM Medical Supplies Inventory

byABF Journal Staff
November 24, 2020
in News

Tiger Group will host online auctions on Dec. 2 and Dec. 16 for the remaining $7 million of its inventories of disposable and durable medical supplies plus other assets from two East Coast facilities operated by American Medical Depot, a distributor of medical equipment.

Bidding for the assets of the company’s 30,500-square-foot King of Prussia, PA, facility and 77,500-square-foot Tampa, FL, facility is hosted on SoldTiger.com.

Bidding opens on Nov. 25 for King of Prussia and Dec. 9 for Tampa and closes at 10:30 a.m. ET on both days.

All bidders are required to register prior to the sale at SoldTiger.com.

These two latest events follow an auction on Nov. 13 of assets from AMD’s Vernon, CA, facility.

Items up for bid range from personal protective equipment to personal paper products, hospital textiles, surgical instruments, scrubs, sterilization wraps, swabs/cotton balls, medical gloves, sutures, bandages/dressings, IVs, alcohol products, acute care monitoring units, syringes, needles, catheters, test kits and calibrators.

The products come from manufacturers such as 3M Healthcare, Becton Dickinson, BSN Medical, Covidien, Integra LifeSciences, Medline, Mortara, Graham Medical, Hemosure, Jant Pharmacal, Lifesign, Welch Allyn, ChemDAQ and CR Bard.

Also up for bid are a selection 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 two facilities.

“Tiger’s recent sale of the Vernon facility validated continued demand for PPE and other medical products. The much larger and more diverse inventories available at King of Prussia and Tampa present a tremendous buying opportunity for medical products distributors who supply hospitals, medical offices, nursing homes and other healthcare facilities,” John Coelho, senior director at Tiger Group, said.

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