48forty Solutions, a leading national provider of recycled pallets and pallet management services, has acquired J&B Pallet. Terms of the transaction were not disclosed.
J&B Pallet operates pallet recycling facilities in Lake City, Eagan, and Red Wing, Minnesota, and four production facilities across the northern mid-west region. The recycler currently has 230 employees, 400 trailers, 30 tractors, and a dedicated mechanics team to keep their fleet moving without interruption.
Mike Hachtman, 48forty CEO, said: “J&B Pallet’s is known for its outstanding customer service and quality pallets. Rick Ziebell and his team bring key regional relationships and expertise and share our commitment to customers, making this combination a natural fit. We’re eager to continue our growth journey alongside J&B Pallet’s.”
48forty Solutions is one of the largest pallet management services companies in North America, with a national network of over 218 facilities, including 46 company-owned and operated plants and more than 850 service providers.
