Cranleigh pallet operation acquired
18 February 2020
Pall-Ex UK’s subsidiary company Cranleigh Distribution Services has acquired the goodwill of the UK pallet operation from Cranleigh Freight Services.
Cranleigh Freight Services will continue to concentrate and develop its European just-in-time operation and two-man home delivery throughout the UK.
Last October managers carried out an MBO of Pall-Ex.
Kevin Buchanan, Group CEO of Pall-Ex, said: “This is the first acquisition of our new era and marks an exciting opportunity for Pall-Ex to retain a high-quality distribution service in the south-east.
“As founder members, the team at Cranleigh Freight Services have been major players in establishing and building the Pall-Ex network, having consistently been one of our highest KPI performers year after year they emulate our quality ethos.”