Peavey Electronics Announces Auction on Inventory & Assets No Longer Needed For Ongoing Operations
Announced by CA Global Partners and scheduled for August 7, 2019, Peavey Electronics is clearing up a massive inventory of over 12 million USD of new and used equipment, together with all sorts of manufacturing parts for professional audio and musical instruments products, as well as machinery and large quantities of raw materials. The auction, as Peavey explains, is the result of the company's closing and consolidation of manufacturing locations in the United States.