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[BUSINESS] · Netherlands, Germany · 2 sources

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Royal De Vries inventory to be auctioned following bankruptcy

The business inventory of Royal De Vries, a folding carton manufacturer based in Sneek, Netherlands, is being sold via an online auction through Auctivo. The company, which was founded in 1874 and received the ‘Royal’ designation in 2016, filed for bankruptcy in June and officially closed its doors in July after 152 years of operation.

The auction includes over 400 lots, featuring graphic machinery from brands such as Bobst, Heidelberg, Baumann, and Agfa, as well as Toyota and Still forklifts, warehouse shelving, and office equipment.

Following the bankruptcy, all 98 employees lost their jobs. While a German specialist from Aachen, Allaoui, previously purchased the largest production lines for resale to international packaging producers, the remaining assets are now being liquidated. The auction is scheduled to conclude on Tuesday, November 10.

Entities

Allaoui · Auctivo · BOBST · Royal De Vries · Sneek