Lab Merchant set for European expansion

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Lab Merchant, a leading marketplace for used laboratory equipment, today announces plans to expand its operations to Europe.

Lab Merchant Logo

Lab Merchant Logo

Lab Merchant offers an easy, low cost solution allowing organisations to dispose of used lab equipment and match them with potential buyers. For organisations on a limited budget we can help them in securing the equipment they need at a competitive price.

Lab Merchant, a leading marketplace for used laboratory equipment, today announces plans to expand its operations to Europe.

Since its formation in 2010, Lab Merchant has grown to become one of Europe's most comprehensive online marketplaces for scientific equipment. The company provides an online platform to connect buyers and sellers of used laboratory equipment. The equipment offered for sale on the website comes from a range of laboratories, lab equipment trade vendors, pharmaceutical companies, manufacturers, universities, hospitals and other scientific and medical research organisations.

The company now handles over 2000 pieces of equipment with a value of over £1million on a yearly basis, with many notable clients including university departments from UCL, Imperial College London and Liverpool University. Raj Gill, Senior Research Associate at University College London says, "I am delighted with Lab Merchant! I have been able to buy a great piece of used lab equipment for much less than it would have cost brand new. This is a great service for when budgets are tight."

The expansion will also see changes to the website, which as well as offering a wider variety of products, will now make it easier to place advertisements. In addition, the Lab Merchant website can now be read in seven foreign languages, including German, Spanish, French, Dutch, Polish, Russian and Ukrainian.

The website is also now easier to search with a list of new categories having been added, which includes; Lab Balances, Chromatographs (HPLC), Lab Freezers and Fridges, Fume Cabinets, Incubators, Laboratory Ovens and Mass Spectrometers.

Greg Sutcliffe, Founder and CEO of Lab Merchant said: “This expansion and name change shows just how far we have come in a relatively short time. With increasing pressure on research budgets in both the commercial and academic sectors, there is a need to manage laboratory equipment costs as efficiently as possible.

“What we provide is an easy, low cost solution allowing organisations to dispose of unwanted or used lab equipment and match them with potential buyers. For organisations on a limited budget we can help them in securing the equipment they need at a competitive price. At the same time, we can also help the environment by avoiding the need for organisations to throw away old equipment.”

Research has found that laboratories and similar research areas consume between 4 to 100 times more energy per square foot than commercial space. Releasing idle equipment to generate income and reduce the need for break-up and disposal is advantageous to organisations wishing to meet their financial and environmental targets.

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For further information, please contact:
Tony Stephenson
Exitus Communciations
Director
Tel: +44 (0)7899 796655
Email: press(at)labmerchant(dot)com

Notes to editors:
Launched in 2010, Lab Merchant is fast becoming Europe's most comprehensive online marketplace for scientific equipment. The equipment offered for sale on our website comes from a range of laboratories, lab equipment trade vendors, pharmaceutical companies, manufacturers, universities, hospitals and other scientific and medical research organisations. - http://www.labmerchant.com

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Greg Sutcliffe
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