Stek has advised Foresco Group on the acquisitions of Dongen Pallets and PKF Pallets
Stek has advised Foresco Group, specialist in the production of pallets, industrial packaging and cardboard solutions, on the acquisitions of Dongen Pallets and PKF Pallets.
- PKF Pallets is one of the largest players in the Benelux for the production of wooden pallets, with some 100 employees. The company’s revenue in 2021 amounts to approx. 37 million euros.
- Dongen Pallets is one of the leading producers of wooden pallets in the Netherlands. It employs 85 people and last year achieved a revenue of approx. a 57 million euros.
With these acquisitions, which were fully completed today, Foresco Group grows to approx. 1,050 employees and a revenue of approx. EUR 450 million this year. Foresco Group therefore strengthens its position as the leading provider of wooden pallets, export packaging, packing services and pallet recycling in the Benelux.
Foresco Group is a portfolio company of Dynamica, the investment vehicle of Belgian investors Jan Ponnet and Cedric de Quinnemar. Stek has advised Foresco Group on several transactions in the Netherlands in recent years.