Scott Group has acquired Bedfordshire-based business Direct Pallets Ltd in a strategic deal that will deliver additional reconditioned pallet capacity in the prime industrial areas around Luton and beyond.
The acquisition of Direct Pallet will expand customer access to the range of sustainable pallet solutions available from our existing pallet businesses; Scott Pallets and HLC (part of the Scott Group).
“From our unique national network, our pallet businesses are ideally positioned to offer security of supply and support to customers in all parts of the UK, across a wide range of industry sectors,” Scott Group stated in a release.
The £7m Direct Pallet business supplies around 30,000 reconditioned pallets per week, from an exceptionally well located and invested five-acre site that will add capacity in the heartland of England’s southern industrial belt.
“We were delighted to reach a deal with brothers Shaun and Kevin McBride who have successfully grown the business over the last 20 plus years,” stated Kevin McNeilly, Managing Director at Scott Pallets, reconditioned business unit. “They were determined to secure a new owner for the company who would be ready to operate from the current site and shared similar family values, thereby safeguarding their loyal employees, customer service, and supply security.
“Direct Pallets is a well-invested business, and the exceptional five-acre site complements our growing national network, so the fit was good. Our combined companies will deliver enhanced security of supply through access to our well-established pallet supply chain. Customers will also benefit from our exceptional combined in-house industry knowledge and technical competence.
“Together, we will deliver industry-leading, innovative service developments to support our customers, particularly in relation to their sustainability and environmental objectives, by offering a mix of new and reconditioned pallets as well as our unique recovery service.”
Direct Pallets was founded in 1997, and like Scott Pallets is a family-owned business. Its 40 employees will transfer across to Scott Pallets and will trade as Scott Pallets with immediate effect.