M&A Deal Summary

48forty Solutions Acquires J&B Pallet

On October 13, 2021, 48forty Solutions acquired packaging company J&B Pallet

Acquisition Highlights
  • This is 48forty Solutions’ 2nd transaction in the Packaging sector.
  • This is 48forty Solutions’ 4th transaction in the United States.
  • This is 48forty Solutions’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2021-10-13
Target J&B Pallet
Sector Packaging
Buyer(s) 48forty Solutions
Deal Type Add-on Acquisition

Target

J&B Pallet

Lake City, Minnesota, United States
J&B Pallet is a manufacturer of new and custom pallets, provides pallet repair, and offers on-site sort and repair services. J&B Pallet was founded in 1990 and is based in Lake City, Minnesota.

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Buyer(S) 1

Buyer

48forty Solutions

Alpharetta, Georgia, United States
Category Company
Founded 1992
Sector Packaging
DESCRIPTION

48forty Solutions is a whitewood pallet recycler recycling over 90 million pallets annually across its network of 73 company locations and more than 225 network facilities. 48forty serves over 2,700 customers, including manufacturers, distributors, and retailers in the distribution & logistics, food & beverage, packaging, durables, and non-durables industries. 48forty Solutions was formed in 1992 and is based in Alpharetta, Georgia.

DEAL STATS #
Overall 5 of 16
Sector (Packaging) 2 of 4
Type (Add-on Acquisition) 4 of 14
State (Minnesota) 1 of 1
Country (United States) 4 of 15
Year (2021) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-07 Oregon Pallet

Salem, Oregon, United States

Oregon Pallet is a provider of recycled wood pallets and pallet services. Oregon Pallet was founded in 1998 and is based in Salem, Oregon.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Allegheny Recycled Products

Pittsburgh, Pennsylvania, United States

Allegheny Recycled Products designs and manufacture pallets of all shapes and sizes to meet particular needs. Allegheny Recycled Products repair 6000 pallets per day and re-manufactures 1000 pallets per week. Allegheny Recycled Products is based in Pittsburgh, Pennsylvania.

Buy -
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