Indoor vertical farming equipment

Sep 5, 2023
SecondBloom Auctions to manage auction of AeroFarms assets from Newark Production Facility

SecondBloom Auctions, an auction management firm in the controlled
agriculture space, has been selected to oversee the sale of key assets from AeroFarms’ original vertical farming facility in Newark, New Jersey.

Auction details

The online auction, running from Aug. 28-18, will include specialized agriculture equipment such as lighting systems, automation technology, racking and more from AeroFarms’ 212 Rome facility. Asset removal must be completed by Sep. 28.

“We look forward to leveraging our expertise to ensure a smooth transition that maximizes value for Aerofarms’ stakeholders,” Chris Lange, CEO of SecondBloom Auctions, said. “Interested parties can learn more about the auction at secondbloomauctions.com.”

Example assets being auctioned
Example assets being auctioned. Photos courtesy of SecondBloom.

In April 2023, Aerofarms announced that it was moving all operations from its Newark facility to its state of the art facility in Danville, Virginia, more details are at this link. With the transition to Danville complete, the assets in the Newark facility are now available for sale through this auction.

Aerofarms representatives will be onsite at the 212 Rome facility during the preview days on Sep. 7-8 to showcase assets and assist potential bidders. Interested bidders are required to fill out the advanced viewing form on SecondBloom Auctions website under the auction lot they are interested in. The Aerofarms team will also coordinate and oversee the asset removal by winning bidders, a process that must be concluded by Sep. 28.

About SecondBloomT Auctions

SecondBloomTM Auctions, a subsidiary of Lange Group Capital, stands as a trusted name in the controlled environment agriculture industry. Our team is dedicated to innovation and serving the needs of indoor growers. Our unique approach combines online product sales with multi-vendor auctions, offering a diverse range of equipment and supplies tailored to our clients’ needs. As industry pioneers, we’re committed to connecting buyers and sellers and shaping the future of sustainable agriculture. To learn more about SecondBloomTM Auctions’ data-driven auction management services, visit: secondbloomauctions.com.

For more information, visit aerofarms.com.




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