GREENWOOD VILLAGE, Colorado – SDR Ventures is pleased to announce that L&R Pallet Service Inc. has been acquired by Kamps Inc.
SDR acted as exclusive advisor to L&R Pallet throughout the transaction process.
Denver-based L&R Pallet, established in 1974, is a full-service pallet company specializing in new and recycled pallet solutions. L&R has a long and storied history of serving customers and the local community in Denver and throughout Colorado. Under his current leadership, L&R Pallet has become the largest Colorado-based recycler and pallet manufacturer in the Rocky Mountain region, handling more than 2.2 million pallets annually.
“We view the decision to join Kamps as the next step in our continued efforts to be the premier pallet supplier in the Colorado market. We are thrilled to have all of their new tools in our tool belt and look forward to being able to provide even better products and solutions to our loyal customers,” said L&R Pallet Owners James and Carine Ruder. “L&R Pallet has a strong reputation as an industry leader dedicated to the care and development of its team members. We believe this reputation will continue to thrive under the Kamps banner. The L&R team is incredibly grateful for the level of dedication and commitment Ben and the SDR team brought to the table throughout the process.”
“Our team is extremely grateful to have the opportunity to work alongside James, Carine and the entire L&R Pallet team,” said Ben Luchow, Vice President of SDR Ventures. “From the start of the process, it was crucial to find a strategic partner aligned with the culture and mission that L&R has built since its inception. After identifying several qualified parties, Kamps emerged as the obvious choice to continue the legacy of the company for years Working side by side, L&R Pallet and Kamps are incredibly well positioned for future success, and our team looks forward to seeing the two companies share in their success for years to come.
Kamps is a national, full-service pallet company that has been providing innovative pallet solutions to customers since 1975. Kamps specializes in providing high quality recycled pallets, new custom pallets and complete pallet recycling services to a variety of supply chains across the country. With over 400 locations in its pallet network and 49 asset-based locations, Kamps is the national leader in customer-centric pallet solutions.
“Adding L&R to our Kamps team is exciting. James’s father started a year after me,” said Bernie Kamps, CEO of Kamps. “Seeing what he, James and Carine have built is a testament to the benefits of excellent customer service and an employee-focused company culture. James and Carine have taken the company to new heights and become the most great pallet company in the Denver market.We all look forward to the future together.