Åse Glass

Background

Åse Glass was an long-established Swedish ice-cream producer that was part of the FFP concern, with 15 employees. The company filed for bankruptcy in September.

Equipment highlights

The machinery, freezers, vacuum packing machines, tanks, and much more, were sold all over the world.

Transaction

The insolvency administration was looking for a reliable and pro active project management company to take over all the movable assets and the real estate. PIPM together with an real estate partner acquired the complete estate and movable assets.

Procedure

Within 4 months, PIPM sold over 350 assets.

Result

PIPM delivered the facility completely swept and cleaned.