James Jones & Sons further expands its Australian pallet manufacturing capacity with a new acquisition through Hyne Timber Pty Ltd., its Australian subsidiary.
Move follows the acquisition of Melbourne-based Rodpak in March.
James Jones & Sons Ltd has announced the further expansion of its pallet manufacturing division in Australia, with the acquisition of Express Pallets and Crates (“Express”) by its Australian subsidiary, Hyne Timber Pty Ltd. The news follows the announcement on 26th March 2024 of the Group’s acquisition of Rodpak in Melbourne.
Express, based at Narangba near Brisbane, has been in operation for 35 years under the ownership and leadership of Geoff Walton. Express has a very broad and extensive client base, with significant long-term relationships across a range of market segments.
Express Pallets Acquisition: Complementary to Expansion and Diversification Strategy
Tom Bruce-Jones, Chairman of James Jones & Sons Ltd commented “This acquisition forms part of our expansion and diversification strategy and will be a very complementary and strategic addition to the platform that has been established through the purchase of Rodpak last month.This will allow us to establish a strong East Coast position that will allow us to value add our sawn timber product portfolio.”
Hyne Group CEO Jim Bindon said it is pleasing to continue expanding the Pallet Division by acquiring excellent-quality businesses with strong market positions and legacies.
“Being part of the Hyne Group and the broader James Jones & Sons global business only enhances Express Pallets’ capability and credentials as a business partner to their many clients.
“The existing general manager, Tim Hoatson, will continue to lead the business, and together with the rest of the management team and indeed all the Express staff, we look forward to all their future contributions, and welcome them into the Hyne Group,” Mr Bindon concluded.
Geoff Walton said the sale of his company to a fellow long-standing Queensland family business was a pleasing outcome after many years of growing and expanding the business:
“With the national and global position that the broader Hyne Group now has, this presents really good opportunities for all my team members, customers and suppliers, and I am confident the business will continue to succeed.”
The acquisition of Express Pallets & Crates will be finalized on 1 July 2024, subject to all Completion Precedents being met.
James Jones & Sons Ltd is a prominent, family-owned timber company founded in Scotland in 1838. It is one of the largest timber processors in the United Kingdom, known for producing a wide range of timber products. The company’s offerings include sawn timber for construction, pallets and packaging, fencing, and other wood products for building and industrial applications.
James Jones & Sons operates several sawmills across Scotland and engages in timber harvesting and forest management. They are recognized for their commitment to sustainability and responsible forestry practices, ensuring that their operations contribute positively to the environment. The company’s focus on innovation and quality has enabled it to maintain a leading position in the timber industry, supplying products to various domestic and international markets.
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Rick LeBlanc, EMBA, is the founder and editor of Reusable Packaging News (subscribe to the free newsletter) and editor of Western Pallet Magazine. A supply chain journalist with more than 30 years of experience, he specializes in pallets, reusable packaging, material handling and related operations. Rick is co-author of Pallets: A North American Perspective and Pallets & Progress: A Collected History of Pallets and Palletized Handling 1922–1945. He is also an advisory board member of the Virginia Tech Center for Packaging and Unit Load Design. Read Rick’s full bio.
