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This renowned woodworking company with 80 employees went bankrupt. The factory produced wooden furniture for hotels and restaurants. The main equipment included panel saws, CNC machining centers, edge gluers, and a varnishing line.
PIPM bought all the equipment of the court. Within 6 months, more than 900 assets around the world were sold. The factory was handed over empty, swept, and clean to the property owner.
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Country Manager PIPM France