Author Archives: Barbara Levi

Clementon New Jersey Amusement Park For Sale at Auction

ENFIELD, Conn., Feb. 19, 2021 /PRNewswire/ — Have you ever wanted to own your own amusement park, water park and private lake? Now is your chance. Clementon Park, an amusement and water park founded in 1907 in Clementon, New Jersey, is being sold at auction on March 23 by Capital Recovery Group, (CRG) a global private equity firm based in […]

Capital Recovery Group, LLC, TCL Asset Group Inc., Corporate Assets Inc., and Rabin Worldwide, acquire all available assets of the Campbell’s Soup Processing Facility in Toronto, Ontario, Canada

A Public Sale of Assets Representing over $200 Million at Replacement Cost in Soup Cooking, Processing, Filling & Packaging will be open to the public after the massive plant is decommissioned in May 2019. TORONTO, March 26, 2019 /PRNewswire/ — TCL Asset Group Inc., Corporate Assets Inc., Rabin Worldwide and Capital Recovery Group LLC, today announced the recent joint venture acquisition of assets […]

Investor Group Purchases 110-Acre Pharmaceutical Campus in Huntsville, Alabama

Click here for video of ultra-modern pharmaceutical campus Diversified ultra-modern pharmaceutical campus with solid dosage form, liquid manufacturing filling, distribution warehouse, and vault storage.  Assets are available for purchase and/or lease. Cleveland, Ohio (USA) – December 6, 2018 – Capital Recovery Group (CRG), Enfield, CT; Federal Equipment Company, Cleveland, OH; Heritage Global Partners, San Diego, […]

Partners by Joint Venture Purchases Assets Formerly Owned by Expera in Old Town, Maine

MFGR LLC, a consortium made up of CRG Acquisition, Gordon Brothers Group, Rabin Worldwide and PPL Group, announced that they have purchased the Expera Mill in Old Town, Maine. The company made the strategic decision to wind down operations late last year as it faced what it described as unsustainable business conditions. The joint venture […]

Gordon Brothers Group, Capital Recovery Group, Rabin, & PPL Purchases Assets Formerly Owned by Lincoln Paper and Tissue

BOSTON, Dec. 9, 2015 /PRNewswire/ — Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the industrial, consumer products and retail sectors, announced that it has purchased the assets of Lincoln Paper and Tissue as part of a joint venture that includes Capital Recovery Group, PPL Group and Rabin Worldwide. The Maine-based […]

Capital Recovery Group, Rabin Worldwide to Auction off Mastroianni Brothers Bakery in Schenectady. Auction begins November 28th

SAN FRANCISCO, Nov. 28, 2016 /PRNewswire/ — Capital Recovery Group, LLC and Rabin Worldwide will conduct a 4-day online public auction of the assets of Mastroianni Brothers Bakery in Schenectady, NY. The online auction begins November 28th and will end on December 1st. Mastroianni Brothers, a family-owned commercial bakery has closed after 93 years in business […]

Largest Auction of Fastener Manufacturing Equipment in 30 Years Scheduled for February 14 – 16 in Rockford, Illinois

NORTHBROOK, Ill., Jan. 23, 2017 /PRNewswire/ — The largest auction of fastener manufacturing equipment in 30 years is scheduled for February 14-16 in Rockford, IL. The sale was announced by PPL Group (“PPL”), which is conducting the auction jointly with Capital Recovery Group (“CRG”) and Rabin Worldwide (“Rabin”). Founded in 1929, Rockford Products became one […]

Capital Recovery Group and Its Strategic Partners to Jointly Manage Largest North American Pharmaceutical Manufacturing Asset Auctions in 2016

Series of Global Online Sales Featuring over 1,000 Lots of Former Sanofi Pharmaceutical Assets from 692,000 sq. ft. Capsule Manufacturing Plant Begins September 26. September 07, 2016 10:26 AM Eastern Daylight Time SAN DIEGO & KANSAS CITY, Mo.–(BUSINESS WIRE)–Capital Recovery Group (CRG), Heritage Global Partners (HGP), Federal Equipment Company (FEC), and PPL Group (PPL), today […]

MFGR, LLC Purchases Assets, Formerly Owned by Expera

OLD TOWN – MFGR LLC, a consortium made up of CRG Acquisition, Gordon Brothers, Rabin Worldwide and PPL Group, purchased the Expera Mill in Old Town, Maine. Bill Firestone, President of CRG, stated “We have had numerous inquiries since the former Expera Plant has been under contract with our group, including aqua culturists, transportation hubs, pulp manufacturing […]

It Was More Than a Crumby Deal…

The Challenge:  When a major CA private equity real estate investor purchased the remaining real estate and equipment assets from the Hostess Bankruptcy in late 2013 for $62.5 MM., their first hurdle was to liquidate all of the machinery and equipment in (8) commercial bakeries, (120) distribution centers, maintenance garages, and retail outlets, and 3,400 truck […]