TradeMachines is a premier destination for industrial auction houses to list their machinery lots, as well as a place for consumers to easily find what they are looking for in location.
By virtue of the fact that thousands of listings are all featured on a single platform, consumers no longer have to browse multiple auction websites. TradeMachines also allows auction houses to benefit from an increased amount of online machinery and tools buyers viewing their auctions from various locations around the world.
After collaborating with potential clients, TradeMachines.com was launched with four auction houses initially. From October 2013 to the end of that year, another eighteen partners came on board and machinery worth a total of $33 million was auctioned through the TradeMachines marketplace. Within that short span of time, 80% of the German industrial market was covered and today the TradeMachines Portal features lots from auction houses in the United States, Netherlands, Belgium, Canada and the United Kingdom.
TradeMachines’ partners include many established names in the industrial auction industry, such as Surplex (Dusseldorf, Germany), Dechow (Hamburg, Germany), BVA (Amersfoort, Netherlands) and Ritchie Bros. from Canada. Now, TradeMachines works with premium auctioneers who are the leaders in the professional redistribution of industrial machinery, with auction lots initiated by banks, insolvency administrators and leasing companies.