Announced
Completed
Financials
Tags
wood crates
Acquisition
Domestic
Joint Venture
United States
Containers and Packaging
wooden pallets
Majority
Completed
Private
Friendly
Single Bidder
Synopsis
Conner Industries, a provider of industrial wood and packaging solutions, and Anderson Pallet and Crate, a supplier of wood pallets, skids, boxes, and crates, formed a joint venture. Financial terms were not disclosed. "This joint venture with Anderson Pallet and Crate aligns our products and services with the needs of our customers, and is an outstanding strategic development for Conner. The combination of assets will serve as an ideal platform to broaden our reach into the Colorado and front range markets, and exemplifies Conner's commitment to adapting to our customers' ever-changing need for solutions that reduce the total cost of packaging," David Dixon, Conner Industries CEO.
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