Danpal has been acquired by Vestjysk Træemballage, supported by the Norwegian investment firm Daimyo, to expand growth in the Nordic wooden packaging sector while advancing sustainable practices.
Information on the Target
Danpal, a leading provider of wooden pallets in Denmark, has been sold to Vestjysk Træemballage. With production facilities located in Karlslunde, Faxe, and Vamdrup, the company specializes in the manufacturing of bespoke pallets and the recycling of euro pallets. Danpal serves a wide range of prominent Danish clients and is recognized for its initiatives to optimize pallet solutions, enhance pallet reuse, and minimize environmental impact. Furthermore, Danpal operates as a socially responsible entity, currently employing seven individuals from marginalized communities and offering support to disadvantaged job seekers through various training and internship programs.
Over the past few years, Danpal has experienced significant growth under the guidance of a skilled management team. This growth is attributed to the expansion of sales capabilities, the development of innovative service concepts, and a robust commitment to Environmental, Social, and Governance (ESG) principles, particularly in climate-related initiatives. Danpal’s recent financial performance represents the best results in the company's history.
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Industry Overview in Denmark
The wooden pallet industry in Denmark is part of a broader trend towards sustainability and eco-friendly practices. As businesses increasingly prioritize environmental responsibility, the demand for versa
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Vestjysk Træemballage
invested in
Danpal
in 2020
in a Other Private Equity deal