A liquidating firm is auctioning off SmileDirectClub’s remaining assets, including its 125,000 square-foot production facility.
The liquidation and restructuring firm Gordon Brothers is offering SmileDirectClub’s former assets and inventory for sale by private treaty on behalf of the debtor-in-possession lender.
SmileDirectClub abruptly went out of business in late December 2023 after following its bankruptcy filing a few months earlier. Now the company’s assets are for sale.
Offers are due by April 1 for the clear aligner production lines, 3D printers and support assets from the 125,000-square-foot production facility in Antioch, Tenn, that include but are not limited to the following:
- 7 Gen2 automated FlexLink clear aligner production lines (2019-2020)
- 1 Gen2 automated FlexLink retainer line (2019)
- 9 Gen1 clear aligner production lines (2017-2019)
- 2 Eclipse Automation arch robotic sorting cells (2019)
- 675 iTero Element oral scanners
- State-of-the-art research and development and 3D printing laboratory
- Hewlett-Packard 3D printers
Additionally, $1.9 million in spare parts and $10 million in dental supply inventory are available for sale.
“This final sale presents an excellent opportunity for buyers to purchase a complete turnkey clear aligner production facility and equipment either in place or piecemeal,” said Scott Ribeiro, director, commercial and industrial at Gordon Brothers. “As active partners with specialized expertise, our goal is to maximize the realizable value of assets after the company made the difficult decision to cease operations in December.”
A full listing of the available assets and inventory is available on the Gordon Brothers’ website.
