Online Auction to Sell Off Assets of Brewery Operation on August 28
Tiger Group and Schneider Industries will conduct a live online auction of the brewing operations of Olde Saratoga Brewing on August 28. All assets will be offered as a turnkey operation or on a piecemeal basis. Items for sale include a 125-barrel-per-day brewhouse, a Krones/Pearson bottling line, an automatic keg washing and filling system, a laboratory and tasting room, and furniture.
"The ability to submit piecemeal bids also offers craft breweries, cider making and other food-and-beverage manufacturers the opportunity to purchase individual assets at liquidation prices," said John Coelho, senior director of Tiger's Commercial and Industrial division.
Bidding started August 21 at soldtiger.com. Bidding will close in rapid succession, live auction style, on August 28 at 11 a.m. (ET). All bidders are required to register prior to the sale. Previews of the assets are available from 10 a.m. to 4 p.m. (ET) on August 27 at 131 Excelsior Ave. in Saratoga Springs.
For complete information on the assets, visit soldtiger.com.