Foresco Group to acquire the Dutch and Belgian pallet production business of Faber Halbertsma Group.

Foresco Group, a Belgian producer of custom-made pallets and wooden packaging, agreed to acquire the Dutch and Belgian pallet production business of Faber Halbertsma Group, a pallet production company. Financial terms were not disclosed. "The acquisition of these production companies strengthens our position in the Belgian market and also brings us a significant position in the Dutch market. In this way, we continue to build to be the leading supplier of wooden pallets and packaging in the Benelux," Jan Ponnet, Foresco Group Managing Director.