Feed aggregator

The Hyne Group has announced as expansion of its Pallets division with the acquisition of Pallet & Bin Pty Ltd located in Shepparton, Victoria. Source: Timberbiz Pallet & Bin manufactures a range of products for some of Australia’s largest food producers, including a significant amount for the export markets. Hyne Group CEO Jim Bindon said Pallet & Bin was a well-regarded, local business that had been operating for more than 20 years and was a significant supplier for freighting food, “Clients include five of Australia’s largest food producers and this offers further diversity opportunities for our national pallet customer base,” he said. “Shepparton is also strategically located between Hyne Timber’s Tumbarumba sawmill and key Melbourne metropolitan markets, offering some solid locational synergies for both raw material timber supply and freight efficiencies.” This announcement follows the Group’s expansion in 2024 of its pallet manufacturing divisions through the acquisition of Rodpak Pallets & Packaging (VIC), Express Pallets & Crates (QLD) and Pinetec Pty (WA). The Group also expanded its Australian Garden Care division last year with the acquisition, through its Rocky Point Pty Ltd subsidiary, of Bassett Barks on the Sunshine Coast, Queensland. In parallel, the Hyne Group’s majority owners in the UK, James Jones and Sons Ltd, has announced the acquisition of United Box Ltd. United Box Ltd was originally formed as a joint venture in 2003 by James Jones & Sons Ltd and Scott Group Ltd. United Box manufactures and distributes agricultural boxes and is a valued supplier to the food industry across the UK and Ireland. “Our recent acquisitions, combined with a progressive investment philosophy, are part of our disciplined global strategy and these two additions to our Group demonstrates our strong support of the rural and farming communities in the UK and Australia,” Tom Bruce-Jones, Chairman of James Jones & Sons Group, said. “This broadens our product portfolio and provides confidence to all our end users of our vertically integrated local supply chains, particularly given the current global trade war.”