In the world of advanced energy management and smart infrastructure, Itron stands as a global leader. Renowned for designing and manufacturing high-tech solutions - from smart meters to public infrastructure innovations - the company has long been at the forefront of digital transformation across the energy, water, and gas sectors. Among their iconic products is the widely recognized “Linky” electric meter.

In November, PIPM had the opportunity to take part in Itron France’s next strategic chapter by acquiring and managing the removal of equipment from the company’s facility in Chasseneuil-du-Poitou. What followed was a tightly coordinated, high-value asset recovery and remarketing project that showcased PIPM’s ability to execute complex industrial transitions with speed, safety, and global reach.

A Treasure Trove of Technical Assets

The project involved approximately 800 lots of exceptionally maintained industrial equipment, much of it specialized and high-precision. The inventory included:

• Test & Measurement equipment
• Oscilloscopes, Spectrum Analyzers, Network Analyzers, Multimeters, Receivers, Signal Generators, and more.
• Advanced testing and environmental simulation assets
• Notably an Anechoic Chamber and multiple Climatic Chambers, essential for radio-frequency testing and environmental stress assessment.
• Manufacturing equipment
• Robotics, laser systems, and a variety of specialized tools previously used in smart meter production.
• Workshop and material-handling equipment
• Maintenance tools, packaging equipment, forklift and pallet trucks, plus many additional support assets.

This diverse and high-value equipment pool was ideal for resale across global markets - but it required fast and expert handling.

A Fast, Safe, and Strategic Transaction

Itron initiated a call for tenders to determine who would take over the equipment and manage the facility clearance. PIPM’s proposal stood out, not just for its commercial offer, but for its proven ability to meet the client’s two key requirements:

1. Rapid removal of all equipment
2. Safe, professional project management

PIPM accepted the challenge and delivered.

The PIPM Approach: Network, Expertise, and Precision

The project’s success was driven by PIPM’s combination of international reach and operational know-how:

• A global network of qualified buyers ensured rapid placement of diverse technical assets in appropriate secondary markets.
• Intelligent remarketing tools targeted the right industry segments for specialized equipment.
• Experienced dismantling and logistics partners enabled safe extraction, packaging, and international transport.

Every phase - from cataloging and preparing the lots to logistics coordination - was handled with meticulous precision.

A Complete Success in just 3 months

Thanks to this strategic and integrated approach, PIPM sold all 800 lots and cleared the facility entirely within only three months. The site was left fully empty and ready for its next purpose - exactly as Itron required.

The project stands as another example of PIPM’s ability to support industrial transitions while maximizing value and minimizing downtime for its clients.

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.

www.pipm.eu