Paramount Pallet Acquires Industrie de Palettes Standard (I.P.S.) Inc.
February 3, 2022
Paramount Pallet, a 48forty Solutions company, has acquired Industrie de Palettes Standard (I.P.S.) Inc., a pallet recycling and repair business headquartered in Laval, Quebec. The deal — Paramount's first acquisition — expands its footprint in Quebec and enhances its pallet repair, remanufacturing and logistics capabilities; terms were not disclosed.
- Buyers
- Paramount Pallet, 48forty Solutions
- Targets
- Industrie de Palettes Standard (I.P.S.) Inc.
- Industry
- Industrial Services
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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