The AVK Group has acquired the Dutch sales company Q-Pall B.V. who, through an annual sale of more than 20,000 tonnes of plastic pallets and a turnover of approximately Euro 25 million, has proven to be one of the strongest, most sustainable companies within the fast-growing market of plastic pallets. The acquisition gives AVK direct access to sales and distribution and supports the growth strategy for the Group’s specialised business area “Advanced Manufacturing” in which the production of plastic components plays an important role.
”Over the years, AVK has built up a strong position as a manufacturer of a number of plastic products, including pallets and street covers. With the acquisition of the sales company Q-Pall and its customer base in a number of European countries and across several industrial sectors, we ensure valuable control with the sales stage and it is an important step towards realising our ambitions of growth within products based on recycled plastics”, Niels Aage Kjær, who leads the AVK Group, states.
“The acquisition of Q-Pall strengthens AVK’s green profile. Q-Pall is a fine example of a company whose entire business is based on sustainability. The company sells more than 20,000 tonnes of pallets a year which are manufactured by sub-suppliers and based 98% on recycled plastics, and the pallets are 100% recyclable. It is a clear-cut example that recycling of plastics has very great potential”, says Niels Aage Kjær who through the years has put sustainability and recycling high on the agenda in AVK, both for plastics and other raw materials.
Large-scale recycling of plastics and castings
Across the Group’s production companies, recycled plastics make up an impressive 94% of the 26,000 tonnes of plastics used every year by the Group in the production of mainly different kinds of pallets and for street covers that are used for the installation of valves into the water and gas distribution grid. Also, the production of valves for the water, wastewater and gas sectors – the Group’s main business area is characterised by substantial recycling of materials. The AVK Group uses 50,000 tonnes of cast iron a year, and around 90% of these are from recycling, mainly scrap iron from the car industry.
AVK Plastics BV
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