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Via an extensive service centre network customers rent IPP pool pallets to store and deliver their brands.

By deploying its pooling expertise in recovery and refurbishment, IPP Logipal provides its customers with pool pallets when and wherever they need them.

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Madrid, January 11, 2017 – Faber Halbertsma Group B.

V., which trades as Pooling Partners, the European market leader for integrated, full service pooling and production of wooden pallets and crates, today announced the acquisition of the Spanish company El Palet Verde, which is a well-known player in the pallet pooling market across the Iberian peninsula.

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Pooling Partners is Europe’s #1 integrated full-service pooler and producer of pallets and boxes.

With a history dating back to 1891, this Dutch family business provides pallet and box pooling services across Europe and is also one of Europe’s largest producers of wooden pallets.

The shares in the company were previously held by Zara & Logic S. This is a strategic move from Pooling Partners, which is growing its European footprint where Spain and Portugal have become key markets and also strong exporters of increasing volumes of fresh fruit and vegetables to other EU partners, including the UK and Ireland.

The acquisition of Madrid-based El Palet Verde, which has an annual revenue of approximately EURO 5 million, also marks a key step change in international growth targets because the company boasts an impressive network of 32 depots for maintaining its active pallet pool in the respective Spanish and Portuguese retail supply chains.

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This enables us to offer a wider range of services, in particular to our international customers.” Sergio Sanz, operational director at El Palet Verde, said: “We are pleased with the extended market coverage for the El Palet Verde pool.

Integration into the European network of Pooling Partners gives us much more opportunity to grow.

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