Seapal Pallets & Crates has been sold to The Hyne Group
Divest Merge Acquire advised the owners of Seapal Pallets & Crates in their successful sale to The Hyne Group.
SE Queensland
Responses: 177
DMA’s divestment process marketing attracted interest from 177 prospective investors, interested in Seapal and its related businesses. Ultimately Hyne Group was the successful purchaser, adding to the long list of acquisitions they have been making of pallet manufacturing businesses, complementing their timber mill and related operations.
This marks DMA’s second transaction with Hyne Group, having previously worked with them on another project in earlier years.
About Seapal Pallets & Crates
Seapal Pallets & Crates specialise in the manufacture and supply of high-quality, custom-made pallets and crates.
About The Hyne Group
Hyne Group is Australasia's leading sustainable wood products manufacturer.
