Palletline board prepares to sell business, sources claim


 

The board of Palletline is undertaking a strategic review of all options for investment in the business including a sale, as requested by current shareholder members, Motor Transport has learnt. Potential buyers could include Amazon – a major customer of Palletline, which is currently the only pallet network to hold Amazon’s preferred carrier status for inbound deliveries. Other likely contenders include major operators, aspiring to emulate Culina’s ownership of The Pallet Network, which was bought by Culina subsidiary Eddie Stobart […]