Engelskirchen/Cologne, Germany – PIPM, a leading international industrial project and asset management firm, has successfully completed the acquisition, remarketing, and full site clearance of all movable assets from Peter Drösser GmbH following the company’s insolvency. The extensive six-month project concluded in early February with both factory sites in Engelskirchen and Cologne returned on schedule and to the full satisfaction of the landlord.
Founded with a reputation for precision and quality, Peter Drösser GmbH was known for its wide-ranging capabilities in sheet metal processing and metal construction. The company operated advanced equipment including Trumpf TruLaser, TruArc, and TruBend machines, Q-Fin deburring units, a Stopa automated warehouse system, Noppel powder coating line, and a fleet of rolling stock.
Following insolvency proceedings, the insolvency administration and company stakeholders sought a partner who could ensure swift asset acquisition, market-value compensation, and full property clearance under tight deadlines. PIPM was selected for its proven ability to manage complex transitions with reliability and speed.
PIPM finalized a comprehensive agreement to acquire all movable assets and stock in a single transaction. The company also successfully negotiated with multiple leasing providers to assume ownership of their assets, enabling a seamless consolidation process.
Using its extensive international buyer network and sector-specific remarketing tools, PIPM coordinated the global resale of equipment to buyers in France, Romania, Serbia, Lithuania, Latvia, and Canada. The operation involved complex logistics, including overseas shipping in custom wooden crates, supported by PIPM’s global transport and dismantling partners.
“This was a significant project, not just in scale, but in precision and timing,” said a PIPM spokesperson. “We’re proud to have delivered full compliance, transparency, and satisfaction to all parties involved.”
The successful closure of the Peter Drösser GmbH project reinforces PIPM’s position as a trusted partner in industrial restructuring, insolvency support, and global asset remarketing.
About PIPM
PIPM is a global leader in industrial project and asset management, specializing in the acquisition, valuation, and remarketing of machinery and production assets across sectors. With a strong international network and hands-on operational expertise, PIPM provides tailored solutions for insolvency administrators, restructuring consultants, and corporate stakeholders.