QRS Inc. and its affiliate Re-Poly, LLC have retained Yellen Partners to conduct a sale of certain excess assets from their St. Louis and Louisville facilities.
The sale of equipment includes optical sorting equipment, and shredders. The assets are available for private treaty sale and if necessary will be sold at auction in August 2016. The auction sale will be open to the public and bidders will have an opportunity to inspect all items prior to bidding.
“This is a rare opportunity that offers state of the art equipment,” said David Ordon, Executive Vice President / Director of Operations-Industrial for Yellen Partners. “We anticipate interest from parties around the world.”
QRS is a full service recycling processing center of post-consumer plastics, bulk plastic, iron, steel, tin, aluminum, copper, brass, plastic bags, plastic film, pre-picked containers (PPCs), paper and cardboard, single stream and commercial dry waste.
Yellen Partners, LLC is a Victory Park Capital portfolio company that is a specialized, hands-on provider of asset monetization solutions focused on the acquisition and disposition of retail and wholesale inventories, as well as healthcare and industrial machinery and equipment, for businesses seeking to continue operations or sell assets as a going concern.