Liquidity Services Inc., a leading online auction marketplace for wholesale, surplus and salvage assets, announced it has launched a new online auction marketplace, www.LiquiBiz.com. The new marketplace, in English and German, provides a central location for European-based corporations and government agencies to sell wholesale, surplus and salvage goods to a European and international buyer base. The creation of a dedicated European marketplace enables Liquidity Services to address the unique requirements of large sellers and professional buyers throughout Europe. LSI holds contracts with large sellers in Europe such as the United Kingdom Ministry of Defence (MoD) and the United States Department of Defense (DoD) in the UK and Germany.
"European organizations are under significant pressure to meet legislative demands governing the disposition of goods in the reverse supply chain processes," said Bill Angrick, Chairman and CEO of Liquidity Services. "The launch of www.Liquibiz.com better positions LSI to provide European organizations with a comprehensive solution that simplifies the reverse logistics process, enhances the financial return on goods sold and allows organizations to return time and resources back to tier one business processes."
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