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Financial News

UFP affiliate PalletOne acquires a 50 percent stake in Dempsey Wood Products, LLC

June 28, 2022 By Reusable Packaging News

Dempsey acquisition provides additional industrial wood sourcing capacity to support growth for PalletOne. GRAND RAPIDS, Mich. -  UFP Industries has announced that its affiliate, PalletOne, Inc., has acquired a 50 percent equity stake in … [Read more...] about UFP affiliate PalletOne acquires a 50 percent stake in Dempsey Wood Products, LLC

Filed Under: Announcements, Financial News, Pallets

PPS Group celebrates Carbon Neutral status

June 28, 2022 By Rick LeBlanc

News in Brief PPS Group celebrates Carbon Neutral status June 28, 2022 - PPS Midlands Ltd, the UK’s leading supplier of Returnable Equipment Solutions, has underlined its ongoing commitment to sustainability by becoming an officially accredited … [Read more...] about PPS Group celebrates Carbon Neutral status

Filed Under: Europe, Financial News, Reusable Packaging

48forty Solutions Acquires Girard Wood Products Recycling Division

June 6, 2022 By Rick LeBlanc

48forty's acquisition of the recycling division of Girard Wood Products marks the company's first carve-out acquisition. ALPHARETTA, Ga., June 06, 2022 - 48forty Solutions, a leading national provider of recycled pallets and pallet management … [Read more...] about 48forty Solutions Acquires Girard Wood Products Recycling Division

Filed Under: Announcements, Financial News, Pallets

Millwood Acquires Cleveland Custom Pallet & Crate, Inc.

May 16, 2022 By Rick LeBlanc

CCPC is the 10th Ohio and 32nd Overall Millwood Location Vienna, OH, May 2022 – Millwood, Inc. acquired its 10th Ohio and 32nd location nationwide. The acquisition was made official on May 2 after Millwood Co-owners and Partners Chip … [Read more...] about Millwood Acquires Cleveland Custom Pallet & Crate, Inc.

Filed Under: Announcements, Financial News, Pallets

SDR Ventures Advised L&R Pallet on Kamps Deal

April 7, 2022 By Rick LeBlanc

GREENWOOD VILLAGE, Colo., April 7, 2022 - SDR Ventures (SDR) is pleased to announce that it served as the exclusive sell-side advisor to L&R Pallet Service, Inc., throughout the transaction process resulting in its being acquired by Kamps, Inc. … [Read more...] about SDR Ventures Advised L&R Pallet on Kamps Deal

Filed Under: Financial News, Pallets

Pallet Consultants Acquired by 48forty Solutions

March 8, 2022 By Rick LeBlanc

Pallet Consultants operates in six locations in the southeastern United States with over 285,000 square feet of facility space on 33 acres of land. With more than 350 employees, 30 power units, and over 650 privately owned trailers, Pallet … [Read more...] about Pallet Consultants Acquired by 48forty Solutions

Filed Under: Announcements, Financial News, Pallets

48forty Solutions Acquires Nazareth Pallet

March 1, 2022 By Reusable Packaging News

ALPHARETTA, Ga., March 01, 2022 - Nazareth Pallet Company has been acquired by 48forty Solutions, a portfolio company of Audax Private Equity and a leading national provider of recycled pallets and pallet management services. This is the eighth … [Read more...] about 48forty Solutions Acquires Nazareth Pallet

Filed Under: Financial News, Pallets

Kamps Acquires L&R Pallet

March 1, 2022 By Rick LeBlanc

Kamps, Inc. acquires Denver-based L&R Pallet Service, Inc., expanding the national pallet company's footprint in the Colorado market. GRAND RAPIDS, MI, March 1, 2021 – Kamps, Inc. (“Kamps”), the nation’s leading pallet solutions provider, … [Read more...] about Kamps Acquires L&R Pallet

Filed Under: Pallets, Financial News

Returnity Announces $3.1mm Seed Round Led by Brand Foundry Ventures

February 21, 2022 By Rick LeBlanc

Returnity has received funding of $3.1mm in a seed round led by Austin-based Brand Foundry Ventures, with additional investments from XRC Labs and other angel investors. Brand Foundry has a strong track record of investing at the earliest stages in … [Read more...] about Returnity Announces $3.1mm Seed Round Led by Brand Foundry Ventures

Filed Under: Financial News, e-commerce packaging, Reusable Packaging

Greystone Logistics Results: “Supply Chain Issues Are Real”

January 24, 2022 By Rick LeBlanc

Tulsa-based Greystone Logistics, Inc., a manufacturer of plastic pallets made from 100% recycled resin, has reported results of operations for the six months and three months ended November 30, 2021. Greystone recorded net income available to … [Read more...] about Greystone Logistics Results: “Supply Chain Issues Are Real”

Filed Under: Financial News, Pallets

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