On September 20, 2023, UFP Global Holdings Ltd., a sister company of UFP Packaging, acquired a majority stake in UFP Palets y Embalajes SL, a newly formed company combining Palets Suller SL, Serrería y Palets Chiva SL, and Drevex Castellón SL. The company is a full-service provider of wooden pallet and packaging solutions in Spain. As the country’s market leader in machine-built pallets, UFP Palets is positioned to serve the region’s ceramic, agriculture, automotive, chemical, and food and beverage industries.


 


“We are excited to welcome Samuel Suller and the people of Palets Suller into the UFP family,” said Vice President, International Investment, Bradley French. “The addition of new product designs and manufacturing capabilities from UFP Packaging to the great reputation of service and quality from Palets Suller, we will see UFP Palets y Embalajes SL emerge as a market leader not only for pallets but for all industrial packaging needs in Spain.”


 


UFP Global Holdings Ltd. manufactures industrial packaging in five countries around the globe, including Canada, Mexico, Spain, India, and Australia.


 

For more information, visit UFP Palets y Embalajes SL’s website here.


 


About UFP Packaging


A part of the UFP Industries, Inc., family of companies, UFP Packaging provides full-service, customized industrial packaging solutions and related services to a wide range of industries. With facilities across the globe, it serves regional, national, and global customers with everything from large shipping crates, agriculture bins, wood pallets, steel crates, corrugated packaging and OEM components.


 


About UFP Palets y Embalajes SL


UFP Palets y Embalajes is a full-service provider of wooden pallets and specialty crates in Spain. With expertise in designing and manufacturing diverse customized options, we’re well- positioned to supply various industries, including ceramic tile, agriculture, automotive, chemical, and food and beverage. Our expertise and access to multiple materials enable us to evaluate sustainable and economical packaging alternatives without sacrificing quality or protection.

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