Liquidity Services is a leading online marketplace that specializes in asset disposition and auction services for surplus, salvage, and obsolete inventory
The company provides organizations with solutions to transform excess assets into cash through its various platforms, which connect buyers and sellers in the procurement, resale, and liquidation processes. By leveraging technology and an extensive network, Liquidity Services helps clients optimize their inventory management while enabling purchasers to access a wide range of products at competitive prices, contributing to sustainability through the reuse and recycling of goods.
BETHESDA, Md., March 13, 2025 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQLQDT), a leading global commerce company powering the circular economy, has announced it will conduct a second sale in China on behalf of a leading global energy enterprise. In partnership with Aaron Industrial Solutions (AIS), a global auctioneer, liquidator, and asset manager, this sale, which contains 2x MAN Diesel & Turbo SE DK080/250R Industrial Steam Turbines and 1x Unused Steam Turbine Rotor & Accessories, builds upon the initial collaboration that marked the entry into the Chinese market for the energy giant's surplus assets.
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Liquidity Services revealed the acquisition of Auction Software/Simple Auction Site, establishing a new SaaS division. The move strengthens its position in the Circular Economy market by enhancing software capabilities and supporting businesses of all sizes.
The fifth in a series of court-ordered auctions, more than 230 lots of sand kings, frac pumps, nitrogen pumpers, and more are available until August 28
