Palletower Bolsters Portfolio with Triple Acquisition
5th August 2024
Palletower, a UK manufacturer, stockist and supplier of storage and logistics equipment, has announced that it has accelerated its growth and product offering with a triple acquisition.The business has acquired WP Group, Astirvant and Yorkshire Storage.
By completing this multi-acquisition investment, Palletower aims to position itself as a dominant player in the North West racking market and expand its offering to allow for businesses to come to Palletower for an end-to-end product and service offering.
Palletower customers are now able to purchase storage and logistics equipment, but also benefit from a range of racking services including: site visit and consultation, design and specification, storage product solutions, installation and aftercare, as well as routine safety inspections.
Founded in 1988, WP Group is a leading UK supplier of industrial racking systems and specialist mezzanine floor installations and shelving systems. Similarly, Yorkshire Storage and Astirvant specialise in assisting businesses in maximising their space, providing workplace solutions, from everyday essential workplace equipment to full office and warehouse fit-outs. All three of the acquired companies have been a market player in the North West for over three decades and have built up a loyal customer base. Palletower will therefore not only benefit from strengthening its product and service offering but will also amplify its customers base.
This strategic move from Palletower enhances its capabilities and extends the company’s reach while further increasing its extensive product range to customers. Furthermore, the triple acquisition will allow for even greater efficiency and innovation internally.
Optimised service
Matthew Palmer, Managing Director at Palletower commented, “This multi-acquisition provides Palletower with the opportunity of offering its customers a full end-to-end storage equipment solution. Customers will be able to come to us for storage planning all the way through to purchasing storage and logistics solutions, and will no longer need to source multiple suppliers. As such we are delighted in supporting further growth with Astirvant, Yorkshire Storage and WP Group under the Palletower Group and are looking forward to providing an optimised product and service solution to our customers.”
Nick Robinson at WP Group said, “This is extremely positive news for our team and customers. We are excited about the possibilities that this partnership brings and look forward to meeting the needs of our customers with enhanced efficiency. We are excited to align our offerings and work together to dominate the storage and logistics market.”
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