Global private equity and auction firm CRG has generations of expertise in creating liquidity for clients. CRG utilises innovative solutions and a range of selling platforms – including live webcast auctions, online auctions, complete turnkey solutions and private treaty sales – to sell surplus and under performing assets for clients across industry sectors. CRG is selling fluid milk dairy assets formerly of Kemps. The sale takes place in conjunction with Heritage Global Partners and Harry Davis & Company.
Dairy firm Kemps is a Dairy Farmers of America company headquartered in St Pauls, Minnesota. The firm operates six manufacturing sites in Minnesota, Wisconsin and North Dakota, producing milk and cream, ice cream, frozen yoghurt, cottage cheese, sour cream and dips for supply to supermarkets and the food service industry across the upper Midwest. Kemps was founded in 1914 and bought by dairy cooperative Dairy Farmers of America in 2011.
The online auction will take place on the 5th of August, with items available for inspection by appointment only. The assets are located in Rochester, Minnesota and include:
Pasteurization equipment including: 2017 6,000 GPH pasteurization system; 5,000 GPH pasteurization system. Selection of stainless steel tanks manufactured by Walker, Scherping and Cherry Burrell. Filling equipment including: 2011 Evergreen Q-70 gable top quart filler with spout-pak applicator; Federal 26 valve gallon filler with 6 head screw capper; Cherry Burrell H-5 gable top 1/2 gallon filler. Cannon Versa-Caser Drop casers with case inverter-feed. Cannon case stacker. Hydraulic case palletizer with Cobra stretch wrapper. General plant equipment and material handling equipment including pumps, CIP systems, compressors and pallet jacks, and much more.