For
Manufacturers
Generating revenue from unwanted assets
Supporting reuse, recycling and waste reduction
Premier Modular Ltd is one of the UK’s leading suppliers of modular building solutions and a long-time client of ours. Typically, we worked with the company’s in-house teams at its Brandesburton HQ, providing technical support and expertise. But this was a very different challenge!
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Premier Modular had supplied facilities for the 2012 London Olympics – providing a medical centre and gym for Team GB along with a 10,000m² media centre – and had a large warehouse near Huntingdon housing equipment left-over from the project. It was too good to scrap, and ever mindful of reducing waste, Premier Modular wanted it sold or recycled. The pressure was on, the warehouse site was closing for redevelopment, so everything had to be disposed of as quickly as possible.
Premier Modular needed us to find new homes for some oversized modular steel frames in the yard, plus the warehouse stock, including large items such as a self-contained boiler plant, air handling units, cold water tank, an 8-person lift and building materials.
Having visited the warehouse and taken stock of its contents, we decided the best course of action would be to sell the modular steel frames individually, using our network and contacts; and to use an online auction for the warehouse contents, to achieve the widest possible audience of buyers.
Our strategy of marketing the frames to modular manufacturers received a very good response, resulting in us selling the majority of frames on an individual basis. The warehouse contents were also actively marketed to modular manufacturers; and we added to the mix by contacting builders and contractors, maximising the audience reach. We researched and retained an auction house to deliver the online sale via a timed auction.
The auction exceeded all expectations. The majority of larger items were saved from the scrap merchant, to be reused or recycled; and Premier Modular not only gained useful revenue, but also saved a considerable sum on removal costs.
The project took a total of three months.