Chicago, IL (PRWEB) May 17, 2014
Loeb Winternitz Industrial Auctioneers is pleased to announce that the assets from AnaCon Foods’ wheat germ and extruded snack facility has been sold as an ongoing concern. As a result, the auction originally planned for April 29th, was cancelled.
AnaCon Foods was previously manufacturing nut-substitute snack foods made from wheat germ that contained no actual nut ingredients. It was also manufacturing flavor-particulate products for use by other food manufacturers as extenders or as replacements for nut pieces, natural fruit, and sweet flavor bits.
“It was a pleasure working with everyone that was involved in this deal,” stated Howard Newman, President of Loeb. “We are thrilled that we were able to assist in keeping this incredible product around.”
Loeb Winternitz worked diligently to fully prepare the site for auction while simultaneously working with AnaCon to negotiate the sale of their facility in bulk.
About Loeb Winternitz & Loeb
Loeb Winternitz Industrial Auctioneers, a subsidiary of Loeb, is a full service auction division specializing in Webcast and Online Only auction asset disposition services. Combining 250 years of family business values between Loeb and Winternitz Auctions, our knowledge extends across many different industries in which we currently sell, appraise and finance machinery and equipment. For more information, please visit: http://www.loebwinternitz.com
For five generations since 1880, Loeb has been a trusted provider of reliable equipment and related services that help manufacturers and financial institutions leverage their industrial assets by managing the equipment lifecycle. Headquartered in Chicago with a 150,000 square foot facility, Loeb provides: equipment sales, purchases, rentals, leasing & liquidations, certified market appraisals from Loeb Appraisal, auction services & asset disposition from Loeb Winternitz Industrial Auctioneers, and equipment financing from Loeb Term Solutions. Loeb and all of its divisions are experts in providing equipment solutions to the: food, pharmaceutical, cosmetics, chemical, metalworking, woodworking, plastics, and printing industries. For more information on Loeb or any of its business units, please visit: http://www.loebequipment.com.