Boots PLC Assets Disposal Overview

John Pye Auctions approached Boots plc, the UK’s biggest healthcare retailer, in 2004 to offer corporate asset management support services.

Nottingham headquartered Boots appointed John Pye Auctions months later to firstly undertake an on-site appraisal of surplus plant, machinery, materials and assembly lines with a view to subsequent asset disposal.

John Pye Auctions visited Boots 279 acre site in Nottingham to undertake a full day on-site appraisal of the PLC’s surplus assets and stockholdings, along with and risk assessments of the site clearance access and removal before providing a comprehensive written asset disposal proposal which was subsequently signed off by Boots plc management for John Pye Auctions to undertake asset clearance.

Our Business Assets department co-ordinated all activities on-site, engaging John Pye Auctions trained forklift drivers and instructing approved heavy haulage machinery mover contractors with Hi-Abs to safely and secure load all the surplus assets.

These were subsequently transported to John Pye Auctions Nottingham HQ and East Midlands Auction Hub and successfully sold by auction through our monthly plant and machinery sale, with assembly lines sold by private treaty after targeted telemarkeing to UK manufacturing companies.

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