PPL Group to auction the assets of a leading manufacturer of aluminum and plastic packaging for the food industry

SHELBYVILLE, Ky. and SACRAMENTOCalifornia. , May 27, 2022 /PRNewswire/ — PPL Group LLC, a leader in the industrial liquidation and auction industry, announces that high-quality assets from Revere Packaging LLC will be auctioned on Wednesday, June 8 and Thursday, June 9, 2022. Revere Packaging was founded in 1801 and has been an innovative provider of recyclable and sustainable food packaging solutions for large bakeries and confectionaries, airlines and other commercial businesses and municipal organizations. This two-day online auction will feature some of the most sought-after thermoforming equipment, especially suitable for the food packaging industry.

Featured assets offered include:

  • Thermoforming machines and robotic stacking units – GNPlastics, Lyle
  • Sencorp Vacuum Forming Machine
  • Granulators and coolers
  • OBI and C-Frame punching machines
  • Air compressors, dryers and balers
  • Forklifts, Handling Balers
  • Plant maintenance, tool room and support equipment
  • Large inventory of laminated plastic and aluminum and tooling
  • And much more!

“This assortment of late-model thermoforming equipment from an industry-leading food packaging company is rarely available on the market and presents a great opportunity for other thermoforming companies, especially those in the food packaging industry. of food packaging, who are looking to acquire equipment, inventory and tooling,” said Alex Mazer, Executive Vice President of the PPL Group. “Plus,” adds Mazer, “with so much equipment that can be repurposed for many other manufacturing or industrial uses, this is an auction not to be missed.”

This two-day-only online auction is available to bid on June 1st2022. The last day of the sale of all assets of the Shelbyville installation will be Wednesday, June 8, 2022from 11 a.m. EDT. The last day of the sale of all assets of the Sacramento installation will begin the day after Thursday, June 9, 2022 at 11am PDT. Inspection of assets at the Shelbyville installation will be available on Tuesday, June 8, 2022 of 9am-4pm EDT at 39 Pearce Road, Shelbyville, Kentucky 40065. Inspection of goods in Sacramento will be available on Tuesday and Wednesday, June 7 & 8 of 9am-4pm PDT at 4600 Beloit Drive, Sacramento, California 95838. Parties wishing to arrange alternate inspection times may contact Gary Slager[email protected]. For more information and a full list of assets for auction, please visit us online at www.pplgroupllc.com.

PPL Group LLC is a leader in industrial liquidation and auctions, with a focus on complete factory liquidations and auctions. PPL also finances struggling equipment-heavy companies and buys struggling manufacturing-related operating companies as an equity investor.

Media Contact:
Alex Mazer
PPL Group
410.960.2123
224.927.5320
[email protected]

PPL SOURCE Group

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