AeroFarms puts equipment up for auction

SecondBloom™ Auctions launched the sale of key assets from AeroFarms’ vertical farming facility in Newark, NJ. “We look forward to leveraging our expertise to ensure a smooth transition that maximizes value for Aerofarms’ stakeholders,” said Chris Lange, CEO of SecondBloom Auctions.

The online auction, running from August 28 to September 18, will include specialized agriculture equipment such as lighting systems, automation technology, racking, and more from AeroFarms’ 212 Rome facility.

An example of assets to be auctioned

In April 2023, Aerofarms announced that it was moving all operations from its Newark facility to its 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 September 7-8 to showcase assets and assist potential bidders. Interested bidders are required to fill out the advanced viewing form on the 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 September 28.