The Andersons FF & E Sale Begins May 1, 2017
Northbrook, IL - April 20, 2017 - Hilco Fixture Finders, LLC (www.hilcofixturefinders.com) announced today that it has begun the disposition sale process of all furniture, fixtures and equipment for The Andersons, Inc. (Nasdaq: ANDE) Retail Group. The Andersons announced in January 2017 that it was closing Retail Group, which includes four stores – one in Maumee, one in Toledo and two in Columbus – and one distribution center in Ohio.
FF & E sale details are posted on the Hilco Fixture Finders website at www.hilcofixturefinders.com and additional information will be available on site at each location as well. All FF&E will be available for sale starting in early-May and the sale will last through the end of June 2017.
The liquidation of all the FF & E is running in conjunction with the liquidation of all retail inventory in stores that is now underway. Hilco Fixture Finders was hired to manage the disposition of store fixtures sale process having been a well known vendor to The Andersons for several years, and offering a broad range of disposition expertise, an international network of buyers and sellers, a high caliber professional staff, and other unique service capabilities.
Scott Hoek, CEO of Hilco Fixture Finders said, “We’re planning to successfully manage this important project for The Andersons with the goal of delivering maximum value for all the FF & E assets. We will work hard to be good brand stewards, protecting and caring for this recognizable brand, understanding that the brand name will live well beyond this particular sale event.”
The sale will include a large assortment of FF&E – from commercial refrigeration and equipment to cantilever rack, pallet rack, shelving, garment racks, deli equipment, material handling equipment, and more. All FF&E from the retail stores and distribution center will be sold. The stores and distribution center comprise a total of over 800,000 square feet of space. Store locations are listed below.
About Hilco Fixture Finders: Hilco Fixture Finders (www.hilcofixturefinders.com) is the premier fixture and equipment liquidation company in the United States, serving as a one-stop shop for all fixture related needs in either closed, closing, or remodeling locations. Hilco Fixture Finders offers a full suite of FF&E related services that includes purchasing and selling of custom pulled used Lozier brand gondola shelving; store distribution center, and warehouse FF&E sales and/or clean-out services; warehouse services, including onsite fixture packing, shipping, refurbishing and storage for future client use; and, an extensive inventory of used fixtures such as gondola shelving, racking systems, material handling equipment, and other supermarket, restaurant, and retail store FF&E. Hilco Fixture Finders provides client’s fee for service, guaranteed return, and purchase and sale alternative transaction structures designed to maximize the return on the value of their assets. Hilco Fixture Finders is part of Northbrook, IL based Hilco Merchant Resources (www.hilcomerchantresources.com), one of the world’s leading retail disposition experts providing a wide range of analytical, advisory, asset monetization, and capital investment services to help define and execute a retailer's strategic initiatives.
About The Andersons, Inc.: Founded in Maumee, Ohio, in 1947, The Andersons is a diversified company rooted in agriculture conducting business across North America in the grain, ethanol, plant nutrient and rail sectors. For more information, visit The Andersons online at www.andersonsinc.com.
530 Illinois Avenue
Maumee, OH 43537
4701 Talmadge Road
Toledo, OH 43623
COLUMBUS BRICE STORE
5800 Alshire Road
Columbus, OH 43232
COLUMBUS SAWMILL STORE
7000 Bent Tree Boulevard
Columbus, OH 43235
RETAIL DISTRIBUTION CENTER
1380 Ford Street
Maumee, OH 43537