GoIndustry DoveBid Launches an Asset Management Solution That Helps to Unfreeze the euro 110bn in Capital That Is 'Frozen' in Assets

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GoIndustry DoveBid

Jun 30, 2010, 11:16 ET

LONDON, June 30 /PRNewswire/ -- Today, leading global asset sales and valuations company, GoIndustry DoveBid, is launching Go-Optimize, a unique solution that helps the world's top manufacturing companies to get the most from their assets.

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(Logo: http://www.newscom.com/cgi-bin/prnh/20100630/PH28915LOGO )

A recent report from Siemens Financial Services (SFS) has identified that over euro 110bn of capital is 'frozen' (inefficiently deployed or untapped liquidity potential that could be freed up) in the manufacturing industry globally.

Go-Optimize serves to 'unfreeze' an organization's assets. It is an innovative Investment Recovery Program that is specifically designed to empower and enhance a company's return on investment for their industrial assets.  Go-Optimize:

  • Extends the life of key fixed assets by making them available for redeployment elsewhere in the business -- reducing CAPEX and giving management true visibility on under utilized or redundant assets
  • Provides accurate market lead valuations so leaders know what the equipment is worth
  • Generates cash by making assets available in the marketplace (via online auction, private sales etc)
  • Enhances in-house sustainability and environmental initiatives

"Some of the world's top companies, such as PepsiCo and Pfizer have already begun using an early stage of Go-Optimize," says Jack Reinelt, CEO, GoIndustry DoveBid.

"It has allowed their management teams to focus on their core business, safe in the knowledge that their industrial assets are maximizing their return in a transparent and responsible manner, no matter where it is sitting in the world."

Due to how it is structured, Go-Optimize is largely self-funding and requires minimal internal resource to be implemented.

For more information on Go-Optimize contact Patrizia Sorgiovanni, [email protected] or +44 789 102 4662.

Further information and interviews available on request.

www.go-dove.com/go-optimize

About GoIndustry DoveBid

GoIndustry DoveBid is a leading provider of asset management services. If surplus or idle assets are no longer needed, we help organizations understand their worth, whether they can be re-deployed elsewhere in the business, or sell them on the used industrial goods marketplace.

GoIndustry DoveBid approaches the market with three distinct advantages. First, we have significant global reach so we are able to provide these services wherever they are needed. Second, most of our business is online, making it more efficient and convenient for both buyers and sellers whether it's for a single piece of equipment or a whole production line. Third, our knowledge of the market across multiple industry sectors is unsurpassed. Since 2000, we have collected information gathered from auctions all over the world. We leverage this rich data on a daily basis through accurate valuations and appraisals for the benefit of all our customers.

SOURCE GoIndustry DoveBid

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