Packaging production equipment sells for record £6.5million at online auction

Published on: 20th November 2017

Modern flexible packaging production equipment and other assets have been sold, fetching a record £6.5million in total in an online auction.

Our machinery and business assets team was instructed by KPMG following the announcement that joint administrators from KPMG had been appointed to Pulse Flexible Packaging Ltd earlier this year.

The auction was hosted on Bidspotter.co.uk, the online auction site. Latest statistics from the site show that with the exception of auctions of classic cars and property, this particular auction is the highest grossing auction ever seen on the site.

One of the more popular lots, a Bobst F&K 20 Six CI press, achieved a sale price in excess of £1.5million, making it not only the highest value lot in this auction but also the highest value lot to be sold through the site.

The two-day online auction took place on Wednesday 20th and Thursday 21st September with over 1,300 lots up for sale. There was a significant level of interest from potential purchasers throughout the world with more than 550 registered buyers from more than 20 countries including Canada, USA, Thailand, Singapore, India, Pakistan and various countries throughout Europe.

Commenting on the record breaking sale, Jonny Marston, partner at KPMG and joint administrator of Pulse Flexible Packaging, commented: “While we hoped that the auction would receive high levels of interest, we are delighted that Sanderson Weatherall was able to reach such a large number of potential buyers, helping to make the sale a real success and realising significant value for creditors of the administration.”

Mark Weston, partner in our machinery and business assets team commented: “We are very pleased to have managed such a successful sale. It is incredibly rare for such high specification equipment to come to market in the packaging sector and the amount raised at the auction reinforced the high quality of equipment on offer.”

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One of the UK's largest private collections of military vehicles to be sold by online auction

One of the largest private collections of wheeled and tracked military vehicles, along with spares and memorabilia of over 500 lots is due to be sold by online auction, with bidding closing from 10am on Wednesday 6th December. Our machinery and business assets team has been instructed by private collector Melvin Cordwell to offer for sale the extensive collection, due to his retirement and following the sale of the Collop Gate Farm premises.

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One of the largest private collections of wheeled and tracked military vehicles, along with spares and memorabilia of over 500 lots is due to be sold by online auction, with bidding closing from 10am on Wednesday 6th December.

Our machinery and business assets team has been instructed by private collector Melvin Cordwell to offer for sale the extensive collection, due to his retirement and following the sale of the Collop Gate Farm premises.

[fulltext] =>

The stand out lots include Centurion, Chieftain & Abbot Tanks, Military Vehicles and a vast array of spares & memorabilia with a substantial collective value.

Stephen Jepson, associate partner in our Manchester office commented, “We’re used to advising clients on a variety of auctions, sales and negotiations and this is another very exciting instruction for the firm, but more importantly a unique opportunity for anyone interested in these fantastic lots. We have received an excellent response from the initial advertising with over 200 requests for catalogues to date from potential purchasers all over the globe.”

Melvin, formerly a gunner and instructor on Centurion tanks circa 1961-1968 has been acquiring military collectables since the early 70’s and has been lucky enough to live his “boyhood dream”.

The lots will be available to view between 10am-4pm on Saturday 2nd, Sunday 3rd (11am-4pm) and Tuesday 5th December at Collop Gate Farm, Lancashire UK or by appointment. Anyone interested should contact Stephen on 0161 259 7056 or email stephen.jepson@sw.co.uk.

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Assets of Pulse Flexible Packaging Ltd to go up for auction

A comprehensive range of high quality packaging production equipment is going up for auction following the announcement that Pulse Flexible Packaging Ltd (in Administration), a leading manufacturer of flexible packaging, has ceased trading. Our machinery and business assets team have been instructed by Jonny Marston and Howard Smith, the Joint Administrators of Pulse Flexible Packaging Limited, to offer for sale the equipment at the manufacturing site headquarters in Bury, and production facility in Saffron Walden.

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A comprehensive range of high quality packaging production equipment is going up for auction following the announcement that Pulse Flexible Packaging Ltd (in Administration), a leading manufacturer of flexible packaging, has ceased trading.

Our machinery and business assets team have been instructed by Jonny Marston and Howard Smith, the Joint Administrators of Pulse Flexible Packaging Limited, to offer for sale the equipment at the manufacturing site headquarters in Bury, and production facility in Saffron Walden.

[fulltext] =>

Mark Lord, partner in our Manchester office commented, “We rarely see equipment of this quality and specification come up for auction in the flexible packaging sector, so this really is a fantastic opportunity to acquire some first class machinery which is available now at considerably less than new price.

“We have already received significant interest in this sale and expect for some e major items to be sold before that date by private treaty. We therefore recommend any potential buyers get in touch quickly.”

The plant and machinery available comprises an extensive range of Modern Flexible Packaging Production Machinery including flexographic printers and Gravure printing and laminating equipment.

Major items of plant/production lines are immediately available on both sites by Private Treaty with an Online Auction finishing next week on Wednesday 20 and Thursday 21 September 2017.

For further information, interested parties should contact Mark Lord on 0161 259 7051.

View the Auction

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Selling equipment via online auctions

The most important thing if you are considering selling any equipment is to choose your seller carefully. Some firms will still opt to try and complete private sales themselves – and of course for individual lots they may be successful - but for large catalogues we would always recommend instructing an expert. Specialist machinery and business asset surveyors have the knowledge and the contacts, but crucially they also have the legal insight required to maximise returns and minimise any risks. For example, any equipment sold via online auctions is subject to distance selling regulations, which means lengthy condition of sale documents are necessary. Consumer issues must also be taken into account, especially when items have not been viewed in person – another reason why it pays to bring in the professionals. With the right level of expertise to cover issues such as these, there is no doubt that online auctions can provide an exciting method for disposing of assets. They are easier to host, quicker to arrange and more convenient for buyers too. Above all of that, of course, is the increased financial realisation made possible by online platforms. By maximising the reach, firms can increase the competition and achieve a higher sale value. For that reason alone, I have no hesitation in saying they will continue to prove popular. Contact Us

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The most important thing if you are considering selling any equipment is to choose your seller carefully. Some firms will still opt to try and complete private sales themselves – and of course for individual lots they may be successful - but for large catalogues we would always recommend instructing an expert. Specialist machinery and business asset surveyors have the knowledge and the contacts, but crucially they also have the legal insight required to maximise returns and minimise any risks.


For example, any equipment sold via online auctions is subject to distance selling regulations, which means lengthy condition of sale documents are necessary. Consumer issues must also be taken into account, especially when items have not been viewed in person – another reason why it pays to bring in the professionals.


With the right level of expertise to cover issues such as these, there is no doubt that online auctions can provide an exciting method for disposing of assets. They are easier to host, quicker to arrange and more convenient for buyers too. Above all of that, of course, is the increased financial realisation made possible by online platforms. By maximising the reach, firms can increase the competition and achieve a higher sale value. For that reason alone, I have no hesitation in saying they will continue to prove popular.

Contact Us

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