Tius Tief- und Strassenbau

Background

Complete site and materials/workshop clearance in Uster near Zurich due to the renowned bankruptcies of two of the larger road construction contractors in Switzerland.

Equipment highlights

Main assets Wirtgen / Vögele / Bitelli asphalt pavers, Hamm / Ammann / Wacker neuson rollers, Liebherr / Weycor wheel loaders, Volvo / Komatsu / Terex / New Holland excavators and many, many more.

Transaction

The responsible bankruptcy administration has looked for a buyer who will purchase all the equipment and clear the site and leave it clean within 3 months. PIPM purchased the entire inventory together with a partner and handed over the building and the surrounding area ready for use after 3 months.

Procedure

A worldwide remarketing sales process resulting into the direct sales of all the assets.

Result

A full site clearance was achieved within the desired 5 months time frame.