DAVIS, Calif., July 17, 2012 /PRNewswire/ -- The assets of Rominger West Winery—including wine glasses, computers, servers, restaurant furniture, bulk and bottled wines, steel and wooden barrels and more—will hit the auction block on July 19-25 in an online-only sale conducted by Tiger Remarketing Services at www.SoldTiger.com.
Auction bidding will open July 19 and continue through July 25, when item bidding will close at a rate of three items per minute, starting at 10:30 a.m. PDT. The preview will be Tues., July 24, at 4602 Second Street in Davis (15 miles west of midtown Sacramento) from 9 a.m. to 4 p.m. Checkout runs from 9 a.m. to 5 p.m. July 26-27.
The inventory to be auctioned includes hundreds of wood and steel barrels, along with 2,900 empty wine bottles and an assortment of wine glasses, barrel racks, corks and seals. Also available during the sale: a receiving hopper with a 1/4-ton capacity, kitchen and restaurant equipment from the company's tasting room, computers, furniture, and more.
Wine resellers will be able to bid on cases of bottled wines, while some 20,000 gallons of bulk-wine vintages and varieties will be available by advance purchase.
Rominger West was founded in 2004 by local grape-grower Charlie Rominger and winemaker Mark West. It aimed to fill a gap in the wine market by selling small-lot artisan wines, which were handcrafted with as little machine interference as possible in order to produce gently cultivated and nurtured vintages. The business, which frequently sponsored concerts, fundraisers and other events, was also well known for its focus on supporting local agriculture and the community.
The Davis winery closed in April. Rominger West subsequently filed a voluntary petition for Chapter 7 bankruptcy on June 8 in the U.S. Bankruptcy Court, Eastern California. Tiger is conducting the court-ordered sale on behalf of trustee Alan S. Fukushima of Sacramento. "Rominger West was a boutique winery with a small tasting room," said Jeff Tanenbaum, president of Tiger Remarketing Services, "but the inventory available in this sale is of high quality and represents a good value opportunity for wineries, resellers and other businesses."
For more information about the equipment, and inventory, visit www.SoldTiger.com.
About Tiger Remarketing Services Division
Tiger Remarketing Services and its affiliates at Tiger Group provide advisory, restructuring, valuation, disposition and auction services within a broad range of retail, wholesale, and industrial sectors. With over 40 years of experience and substantial financial backing, Tiger offers a uniquely nimble combination of expertise, innovation and financial resources to drive results. Tiger's seasoned professionals help clients identify the underlying value of assets, monitor asset risk factors and, when needed, convert assets to capital in a variety of ways quickly and decisively. Tiger's collaborative and no-nonsense approach is the foundation for its many long-term 'partner' relationships and decades of uninterrupted success. Tiger maintains offices in Boston, Los Angeles, New York and Atlanta. To learn more about Tiger, please visit www.TigerGroupLLC.com.
SOURCE Tiger Remarketing Services