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History

Much has changed since Meyer Gronik first took the auction podium prior to the Great Depression to sell agricultural and manufacturing machinery. However, what has remained consistent throughout three generations and more than three-quarters of a century is the company's commitment to finding innovative solutions that contribute to customer success. This legacy continues today, as LiquiTec has become a global industry leader with offices throughout North America and Asia and strategic alliances worldwide.

Milestones
1925

Meyer Gronik establishes a barrel distribution company in Milwaukee, Wisconsin. The business expands to include auction services and advice on asset values to companies throughout Southeastern Wisconsin.

1950

Son David S. Gronik joins his father as an auctioneer.

1957

David S. Gronik establishes an independent auction business, serving Wisconsin companies.

1967

Son David S. (Andy) Gronik, Jr. begins setting up auctions with his father at age 10.

1972

Now 15, Andy Gronik conducts his first auction.

1980

Andy Gronik joins the business full-time and founds The Gronik Company, Incorporated, leading the valuation and consulting firm to national prominence as president & CEO.

1988

Andy Gronik and Rick Schmitt found LiquiTec Industries, Inc. and expand operations to provide a fully integrated investment recovery platform to major corporations worldwide.

2000

LiquiTec is acquired by DoveBid, Inc., a global provider of asset management and disposition services.

2003

Andy Gronik and Rick Schmitt repurchase LiquiTec and begin serving major corporations worldwide from eight offices in the United States. Relationships are formalized with strategic partners throughout the world to provide complementary expertise and local-market perspective.

2005

LiquiTec operations are established in Canada and Singapore to better serve clients throughout North America and Asia.