Deland, FL, July 14, 2023 – RM2 International, Inc., an established pallet pooling and logistics company trading under OTC Markets: RMTO, has announced a strategic collaboration with Orion Infrastructure Capital (OIC). This alliance aims to grow RM2’s pallet pooling fleet, answering the needs of current clients. The funds to facilitate this growth come from OIC’s Credit Opportunities Fund III, which is expected to contribute up to $150 million to broaden the scope of RM2’s pallet pooling operations within the U.S.
RM2, operating under a multi-year contracted leasing model, has engineered and instituted its proprietary, traceable composite pallet for clients throughout North America. This RM2 composite pallet, a cost-effective alternative to standard pallets, boosts supply chain efficacy while augmenting the environmental and safety aspects of clients’ logistics processes. The BLOCKPal ELIoT Internet of Things-connected tracker by RM2 delivers real-time data to customers, helping pinpoint lost shipments, temperature irregularities, and impacts, leading to safer, prompt, and efficient deliveries. RM2’s client roster features leading food and beverage enterprises and big box retailers who appreciate RM2’s sanitary, durable, and trackable offerings, coupled with their hands-on customer service.
“We are delighted to be announcing our strategic partnership with OIC and excited to be working with the team on the next phases of expansion for our Company,” said Kevin Mazula, CEO of RM2. “The capital provided by OIC will spearhead the continued rapid growth at RM2, supporting our growing and loyal customer base, providing RM2’s clean, robust, technology driven solution for a fundamental element in the supply chain.”
“We are thrilled to partner with RM2, an innovator in the logistics industry and a trusted supplier for their customers,” commented Ethan Shoemaker, Investment Partner and Head of Infra Credit at OIC. “This partnership supports OIC’s goal to champion innovative infrastructure through strategic investment partnerships. On behalf of the team, I would like to thank RM2 for choosing to partner with OIC.”
In this strategic partnership, PMB Capital Limited acted as RM2’s financial advisor, while the firm received legal advice from Wuersch & Gering LLP. Vinson & Elkins LLP provided OIC with principal legal guidance.
About Orion Infrastructure Capital (OIC) and RM2 International
Orion Infrastructure Capital, with about $3.4 billion in assets under management, invests in North America and select international markets, providing creative credit, equity, and growth capital solutions to assist middle-market businesses in scaling and implementing sustainable infrastructure. The organization, founded in 2015 by a team of energy and sustainability veterans, successful infrastructure investors, and former asset owners and industry operators, operates from New York, Houston, and London. For more details, please visit www.OIC.com.
RM2 International, Inc., a specialist in pallet development, manufacture, supply, and management, seeks to dominate global pallet supply and enhance manufacturing and distribution businesses’ supply chains through the effective and efficient use of composite pallets. RM2 is listed on the Pink Sheets of the OTC Markets under the symbol RMTO. More information can be found at www.rm2.com.