48forty
Company

Last deal

Amount

Private Equity

Stage

24.03.2022

Date

2

all rounds

General

About Company
48forty is a pallet management service that offers recycled whitewood pallets.

Industry

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Also Known As

48forty, CHEP Recycled Pallet Solutions, PalEx

founded date

01.01.1992

Number of employees

Company Type

For Profit

Last funding type

Private Equity

IPO status

Private

Description

The company is the largest pallet management company in North America with a national network of over 245 facilities, including 68 company-owned and operated pallet manufacturing and recycling facilities, and a network of more than 180 affiliates. They provide end-to-end pallet solutions, including supply, retrieval, on-site services, reverse logistics, and retail services, to over 2,700 customers across a wide variety of industries. Their company-owned fleet of over 7,500 trailers and nearly 500 power units provides their customers with unmatched nationwide pallet supply and retrieval. Their local teams in each market know their customers' businesses inside and out, resulting in consistent quality and pricing, and a higher level of service and accountability to their customers.
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