M&A Deal Summary

Conner Industries Acquires Denver Reel & Pallet

On November 1, 2023, Conner Industries acquired forest products company Denver Reel & Pallet

Acquisition Highlights
  • This is Conner Industries’ 2nd transaction in the Forest Products sector.
  • This is Conner Industries’ 5th transaction in the United States.
  • This is Conner Industries’ 1st transaction in Colorado.

M&A Deal Summary

Date 2023-11-01
Target Denver Reel & Pallet
Sector Forest Products
Buyer(s) Conner Industries
Deal Type Add-on Acquisition

Target

Denver Reel & Pallet

Denver, Colorado, United States
Denver Reel & Pallet is a custom wooden crate and pallet business that builds crates and pallets and integrates foam into designs. Denver Reel & Pallet is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Conner Industries

Fort Worth, Texas, United States

Category Company
Founded 1981
Sector Forest Products
DESCRIPTION

Conner Industries is a provider of industrial wood and packaging solutions. Conner specializes in supplying cut lumber (softwoods, hardwoods, and panel products) needed for pallets, crates, and skid parts, fully assembled custom pallets, crates, engineered packaging solutions, and a wide variety of services tailored to customer needs. Conner Industries was established in 1981 and is based in Fort Worth, Texas.


DEAL STATS #
Overall 5 of 5
Sector (Forest Products) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (Colorado) 1 of 1
Country (United States) 5 of 5
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-01 Guardian Packaging

Garland, Texas, United States

Guardian Packaging is a foam cutting specialist and an integrated packaging provider that combines wood, foam, and corrugate components, which also includes the Southwest Air Products division, producing adhesive foam tapes for a variety of applications. Guardian Packaging is based in Garland, Texas.

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