09 Jan, 2025

Press Release: Taso Sofikitis resumes role as CEO of Maynards Group of Companies

Press Release

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Taso Sofikitis Returns as CEO of Maynards, Focused on Innovation and Expanding Service Offerings

Maynards is pleased to announce the return of Taso Sofikitis as Chief Executive Officer. A respected industry leader, Sofikitis previously spearheaded the growth of the 123-year-old iconic auction company. With a strong vision for the future, he is set to drive innovation and broaden Maynards’ range of offerings, further enhancing the exceptional services provided to its valued customers. Known for his astute understanding of market dynamics, Taso is poised to ensure Maynards’ position as a leader in the industry for many years to come. Taso’s commitment to excellence and his relationship focused approach have earned him the respect and admiration of peers and clients alike.

Under Taso’s management, Maynards has expanded its client base by leveraging the company’s expertise in the valuation of used machinery and equipment. In addition to its traditional auction business, Maynards has introduced services that include orderly liquidations, industry certified appraisals, non-bank equipment financing solutions for companies in transition, and by growing the company’s footprint to find and service a broader target market. As a result, Maynards now proudly services companies of every size around the globe from its offices in USA, Europe, the UK, Japan, China, Canada and its headquarters in Detroit, Michigan.

Looking ahead, Sofikitis’ focus for the company will be centered on increasing values and enhancing returns for its clients by offering innovative and solution-based proposals. To accelerate this approach, Taso’s first move was to acquire Wolf Industrial Advisors on January 1, 2025.

 

About Maynards Group of Companies:

The Maynards Group provides industrial machinery and equipment auction, liquidation, appraisal, and financing services to companies around the globe. Celebrating over a century of excellence, Maynards continues to evolve and expand its services to meet the changing needs of its customers.

For more information, please contact: Terri Terpstra at TTerpstra@maynards.com