Q-Pall joins the AVK Group
Acquisition of a Dutch sales company with a strong position within sustainable plastic pallets 02-06-2020
The AVK Group has acquired the Dutch sales company Q-Pall B.V. who, a turnover of approximately Euro 25 million, has proven to be one of the strongest companies within the fast-growing market of plastic pallets.
Q-Pall B.V has always focused on sustainability and is a model for the industry class. The company sells more than 20,000 tonnes of pallets a year which are manufactured by sub-suppliers and based 98% on recycled plastics, and the pallets are 100% recyclable. Therefore, the acquisition of Q-Pall strengthens AVK’s green profile.
The plastic production is part of the AVK business area “Advanced Manufacturing”. With the acquisition of the sales company Q-Pall and its customer base in a number of European countries and across several industrial sectors, the pallets have since grown to be a significant part of the complete plastic production. In addition, laying the groundwork for further globalized regional expansion, the AVK Group will have a unified business within plastic pallets which will create synergies and further enhancing the strategic development of "advanced manufacturing," especially the production of plastic components.
Q-Pall B.V has always focused on sustainability and is a model for the industry class. The company sells more than 20,000 tonnes of pallets a year which are manufactured by sub-suppliers and based 98% on recycled plastics, and the pallets are 100% recyclable. Therefore, the acquisition of Q-Pall strengthens AVK’s green profile.
The plastic production is part of the AVK business area “Advanced Manufacturing”. With the acquisition of the sales company Q-Pall and its customer base in a number of European countries and across several industrial sectors, the pallets have since grown to be a significant part of the complete plastic production. In addition, laying the groundwork for further globalized regional expansion, the AVK Group will have a unified business within plastic pallets which will create synergies and further enhancing the strategic development of "advanced manufacturing," especially the production of plastic components.