Corporate Banner
Satellite Banner
Mass Spectrometry
Scientific Community
 
Become a Member | Sign in
Home>News>This Article
  News
Return

EquipNet Celebrates 15 Successful Years in Business

Published: Saturday, May 10, 2014
Last Updated: Saturday, May 10, 2014
Bookmark and Share
Company helps clients to generate a significant amount of previously unidentified funds from assets that have been sitting idle.

This month sees specialist asset management company EquipNet celebrating 15 successful years in business. The company has a focus on pharmaceutical, biotech chemical, food & beverage, as well as personal care manufacturing markets, and offers a broad range of services for the effective tracking, redeployment, sales or purchasing of second-hand laboratory instrumentation and manufacturing equipment.

Taken individually, the company’s services help customers meet challenges such as tracking and redeploying assets within a company’s enterprise that they can no longer use, needing to buy equipment quickly and economically, and moving machinery around the globe. When combined, these and other EquipNet services provide a comprehensive and seamless surplus asset management program.

Back in the spring of 1999, a chance meeting between two people on an aeroplane led to the foundation of EquipNet. One of the passengers was an industrial equipment dealer flying home after attending a pharmaceutical machinery auction.

Ben Potenza, VP Marketing, picks up the story: ‘By chance, or fate, the equipment dealer was seated next to a business consultant who specialized in website start-ups. Introductions were made and the topic of conversation turned to their professions. As the flight progressed, what intrigued the equipment dealer most was the fact that the consultant’s latest venture was with a company that had created an online auction platform. He had been thinking about the best way to sell industrial equipment over the web and knew that if done correctly, it would revolutionize the way that companies buy, sell, and manage their surplus capital assets. The two men met again a few weeks later and the rest is history - on 12 May, 1999, EquipNet was founded.’

Fifteen years on, EquipNet has grown from two people in a crowded back room of borrowed space, to now be more than 130 people in locations through North America, Latin America, Europe and Asia.

EquipNet provides full asset management programs some of the biggest corporations in the world: Merck, GE Healthcare, Johnson & Johnson, Novartis, Cargill, Mars/Wrigley, Unilever and Colgate-Palmolive, for example.


Further Information
Access to this exclusive content is for Technology Networks Premium members only.

Join Technology Networks Premium for free access to:

  • Exclusive articles
  • Presentations from international conferences
  • Over 2,500+ scientific posters on ePosters
  • More than 3,700+ scientific videos on LabTube
  • 35 community eNewsletters


Sign In



Forgotten your details? Click Here
If you are not a member you can join here

*Please note: By logging into TechnologyNetworks.com you agree to accept the use of cookies. To find out more about the cookies we use and how to delete them, see our privacy policy.

Related Content

Did You Hear The One About The Two Businessmen On A Plane?
EquipNet’s vision ‘to revolutionize the way companies manage their surplus assets’ was first conceived at 30,000 feet somewhere between Chicago and Boston in 1999. Here we learn more about the company's first 15 years.
Thursday, November 27, 2014
EquipNet to Discuss Asset Management Systems at Interphex 2014
Visit EquipNet on Booth #1239.
Friday, March 14, 2014
Scientific News
Structural Discoveries Could Aid in Better Drug Design
Scientists have uncovered the structural details of how some proteins interact to turn two different signals into a single integrated output.
New ACE-inhibiting Molecule Found in the Asparagus
Scientists have determined that sulfur-containing compounds in plants can inhibit ACE.
The Linking of Molecules and Microbes
Researchers have succeeded in making antibiotic substances and their bacterial producers simultaneously visible.
PTR-MS Breath Test Shows Potential for Detecting Liver Disease
Researchers at the University of Birmingham have published results that suggest a non-invasive breath test for liver disease using an IONICON PTR-MS.
New Test Could Distinguish Between Bipolar Disorder, Depression
Scientists are developing a test that could tell the difference between bipolar disorder and depression.
Early Detection of Lung Cancer
The University of Manchester has signed a collaboration agreement with Abcodia to perform proteomics studies on a cohort of non-small cell lung cancer cases from the UKCTOCS biobank, with the aim of discovering new blood-based biomarkers for earlier detection of the disease.
Detecting Hidden Ingredients
Researchers from China have used mass spectrometry to reveal the use of undeclared substances in dietary supplements.
How the Lung Repairs its Wounds
Researchers have gained detailed insights into the dynamic remodeling of the tissue during lung repair.
Automation Abound at AACC in Atlanta
Discover the latest breakthroughs, trends and products from the AACC Annual Meeting & Clinical Lab Expo.
Could a simple saliva test detect Alzheimer's?
Researchers have presented findings suggesting that a simple, non-invasive diagnostic for Alzheimer's could be within reach.
Scroll Up
Scroll Down
Skyscraper Banner

Skyscraper Banner
Go to LabTube
Go to eposters
 
Access to the latest scientific news
Exclusive articles
Upload and share your posters on ePosters
Latest presentations and webinars
View a library of 1,800+ scientific and medical posters
2,500+ scientific and medical posters
A library of 2,500+ scientific videos on LabTube
3,700+ scientific videos
Close
Premium CrownJOIN TECHNOLOGY NETWORKS PREMIUM FREE!