This well-known manufacturer of bakery equipment with 60 employees went bankrupt. The 20,000 m2 factory in Laon, Northern France, was abandoned. PIPM bought all the machines from the court.
It was a sheet metal processing plant with more than 20 press brakes, cutting machines, punching machines, grinding machines, welding robots, silicone and Teflon coating lines.
The project was successfully completed in 5 months. More than 700 assets were sold worldwide and the facility was handed over empty, swept and clean to the property owner.