MDP Industry

Background

This renowned woodworking company with 80 employees went bankrupt. The factory produced wooden furniture for hotels and restaurants.

Equipment highlights

The main equipment included panel saws, CNC machining centers, edge gluers, and a varnishing line.

Transaction

PIPM bought all the equipment of the court.

Procedure

PIPM using its very extensive international network of buyers, intelligent remarketing tools within this sector and network of dismantling and international transport partners, sold more than 900 assets within 6 months.

Result

The factory was handed over empty, swept, and clean to the property owner.