Earlier this spring, the solar cell company Sesol was declared bankrupt, affecting approximately 180 employees. In addition to solar cell technology, inverters and batteries, the company left behind office premises the contents of which have received attention. The bankruptcy administrator's inventory list included design furniture, a golf simulator, a padel court and a gym with 37 machines.
In the early stages, there was hope of selling the business as a whole.
We are looking to see if there is an actor who can take over everything, stated bankruptcy administrator Karl Björlin in a comment to SVT shortly after the bankruptcy.
When a complete solution failed to materialize, the task shifted to realizing the assets individually. The assignment landed with the marketplace PS Auction, which required a logistical operation of the more demanding kind. For the e-commerce player, this meant that assets from eight different locations, from Helsingborg in the south to Uppsala in the north, would be secured, photographed and published for online auction.
The company states that the work began on a Tuesday afternoon with the goal of completing the entire inventory before the end of the week.
When deals become this complex, it's not enough to just be an auction platform. It's about getting the logistics to work under extreme time pressure, says Simon Happstadius, Key Account Manager at PS Auction.
A total of 2,200 items were handled and sold via the platform. The breadth of the range, from advanced solar cell technology to sports equipment, quickly reached buyers online and the process generated 10 million kronor for the bankruptcy estate.