Grey Mountain Partners to acquire Brambles' recycled pallet biz in US for $115m

Grey Mountain Partners to acquire Brambles' recycled pallet biz in US for $115m

Image from CHEP Recycled website.

US private equity firm Grey Mountain Partners has agreed to acquire CHEP Recycled, a North American recycled white wood pallet business, from ASX-listed holding company Brambles for an enterprise value of $115 million, according to an announcement from the company.

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